namefield_empty
SENIOR MEMBER
Try to understand the aspirations of our younger lotLower cc bikes r perfect for our jam packed city. Big sized powerful bikes aren't suitable for city ridding.
Flights of fancy..Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
Try to understand the aspirations of our younger lotLower cc bikes r perfect for our jam packed city. Big sized powerful bikes aren't suitable for city ridding.
Flights of fancy..If Yamaha don't have any share in this joint venture then they will be already making maximum profits from CKDs, license fees and royalty. So, it's not all the wealth will remain in country, without shares or higher license & royalties there will be no incentives for Yamaha to transfer technology.
FDIs do not hurt our own initiatives. BD people are inept in doing R&D on mechanical or electrical products, and there are millions of these products throughout the world. So, when a BD local wants to invest in a technology factory, he has to import the machines at a high price. Without so much of investment money in dollar, it is difficult to properly industrialize in such a situation. On the contrary, FDI companies come with their readily available technologies, machines, know-how, experience as well as market.
So, it does not hurt the country if the FDI guys come and invest. However, I must say, no country has ever industrially developed with just FDI and without a big effort by the local entrepreneurs and investments. However, FDI works as a catalyst for further industrial development. FDI factories start with the imported CKD parts. But, gradually, they switch to locally produced components once the local people show aptitude at producing goods as per the FDI specifications.
This is how new factories are built, industrialization progresses, and many millions of people gets productive employment. However, you will be surprised to know that in a xenophobic Japan, the FDI presence is almost nil. However, the Japanese sacrificed their personal/family lives and worked very hard to do R&D and build up local technologies that propelled them to a top economy.
I believe BD people cannot just emulate the Japanese. So, FDI will help it to quick-start industrial development.
If Yamaha don't have any share in this joint venture then they will be already making maximum profits from CKDs, license fees and royalty. So, it's not all the wealth will remain in country, without shares or higher license & royalties there will be no incentives for Yamaha to transfer technology.
There is hardly any 'technology' that needs to be transferred.
Locally Walton already has this 'technology'