Where trump should have taken the note of its own companies, he is finding the cause of US woes inside the other countries. The manufacturing bases of most of the US multinational companies are the  countries like China, India, Indonesia, Vietnam, Mexico and Malesia, the destinations of skilled labor in abundance.

Lowe, to begin with,  is America’s that company which imports 20 billion dollars worth domestic goods into the country (US) from  its manufacturing units lying abroad  in one or other  country mentioned  above.  No different is the story of other companies. Engaged in the business of garments  over $ 23 billion  in the country is the company none other than  Gap ; Dell with laptops/computers,  $ 25 billion; selling the shoes as higher price as 10 times in US that is Nike, $ 27 billion; Home Depot of domestic goods, $ 43 billion; Target running super-markets chain , $ 50 billion; Ford Motors, $ 70 billion; General Motors , $ 114 billion; Walmart, $ 200 billion.  

Walmart, more notably , is the company that sells not a high-end product , but mostly daily-use home items.  Means,  even  the common goods  that US is now unable to produce.  In the total trade deficit  of  $ 1 trillion   these big companies  contributes about $ 600 billion, notably. (Insights) The consumers buy the product taking them to be the ‘US-made’ .  Whereas  from high-tech engine to even paltry seat-cover almost each  component is manufactured by the deft hands of those countries which are called under-developed.

 As for India  some in the circle of experts view that the  world though regard us as IT super-power but, unlike China, we paid little attention towards building up indigenous capacity in the essential critical technology like video – conferencing ; social-video ; e-mail ; hardware ; swadeshi apps and so on. If attention was paid , we would be far better-placed vis-à-vis US in today’s time of tariff war of one-upmanship. The argument , of-course , appears to hold ground, not correct in entirety however.  

Where ever in the world that  the development in cutting edge technology happened, it began with the innovation in defense-sector first. In our defense-sector the mobile-phone operating system that is being used is named as  BharOS which is indigenously developed by IIT Madras. So we have developed through open-source technology our Desktop operating system , BossOS. To an extent Space-sector has also gone Swadeshi-way .  Of course ,  where in the interest of the country that the necessity for  better technology was felt  ,  we opted France’s Safran to build engine for 5th generation AMCA Jet. Single-blade aviation gas turbine that the country has produced on its own though.

Likewise one should  keep in the mind  that the Agni-missile , fighter planes, defense-system , helicopter and host of other armories  that India built up indigenously.  Nic.in is our Swadeshi Server to be used at Bureaucratic level.

Once Europe was in the forefront as technological power, later left behind by US . Now it is  also coming out of its slumber . Like India, it is also wakened up by  US. We are not alone, and then in US it is Indian origin engineers, doctors, and management experts  that demography-wise contribute more in US success in having  toehold over technological rise. If some technology is coming  into  India from abroad, to abroad from  India is invested the skilled work force. After US, Europe and now its eastern counterpart Russia has grown  fascinated with India’s abounded work-force.

Even as the Indian envoy in Russia, Vinay Kumar,  says, Russia being grappling with shortage of local workforce , it wants the need to be offset by India. More notably  once India imported 75% of arms from Russia which has now come down to 35% , hence both now interested in jointly exploring new area to sustain thriving relationship.

Moreover it is the gift of India’s advanced IT-sector that UPI-payment system outclassed VISA-Mastercard. We do master the superiority, but which  govern the international trade that comparative cost-theory should also not be thrown up in the smoke before hastening into forming conclusion. To be opting for the good that is easily available and comparatively  cheaper than the one  at home that  upon this principle runs the global-trade in normal condition.

The issue of rare earth minerals is the case in the point. With exploration being  too rigorous a process  , its extraction  and then refinement is too hazardous either .  Hence not cost effective , we  previously opted for its import, like others  in the world. However, when China, its biggest exporter,   began to weaponize it , we now have begun to work upon making ourselves self-reliant through launching Critical Minerals Mission (CMM).