China VS India, MSME, Bribes & Tax Terrorism | Harsh Reality of Manufacturing Ft. Fahad Siddiqui

Contact Team Exim Titans 👇 WhatsApp ⤵ 7415950975, 9988551696 Website ⤵ https://www.eximtitans.com/ → Book a 1 to 1 Call https://exports.eximtitans.com/ → Attend The Webinar https://live.eximtitans.com/ ----- Must Watch - Dark Reality of Export Import Business in ... ----- If you’re a founder, brand or institution building something that actually helps people… Reach out to us for deep-impact collaborations on [email protected] ----- ABOUT THIS PODCAST An honest, ground-level conversation about the export import business in India — what it costs to run one, why MSME manufacturers and exporters are struggling, and how corruption, customs, GST and tax policy hit traders in real life. Our guest, Fahad, has hands-on trained over 500 importers and exporters. The host brings his own IRS and customs background to the table. This is not a beginner's guide to starting exports — it's a look at the system Indian traders actually operate inside. IN THIS PODCAST WE DISCUSS How the war and the falling rupee hit Indian exporters and importers Why a manufacturer-exporter in India is "sitting on the verge of suicide" Make in India vs China and Vietnam — why Fahad calls it "Assemble in India" Tax terrorism: how a businessman ends up paying nearly 50% of his earnings Why 50-70% of government trade deals and export schemes fail on the ground An ex-IRS confession: the "chor-police" mindset inside government offices The real cost of an IEC code — ₹500 official, ₹8,000 in practice What Hawala is, how big it has become, and how crypto changed it The $25 billion Africa scrap scam, and what a port customs officer earns monthly How China backs its businessmen abroad, and why India does the opposite Can tax officers even read a balance sheet? ----- My gear for shooting this video: Sony-ILCE-7M3-Full Frame Mirrorless Camera: https://amzn.to/4l4KVLf Canon EF50MM F/1.8 STM Lens: https://amzn.to/4c8UswO Logitech Tripod: https://amzn.to/3XFtffg Zoom H1 All Black (2024 Version): https://amzn.to/429Gypv Shure SM7B Cardioid Vocal Dynamic Microphone: https://amzn.to/3RsSLAJ GODOX SL150II 150W LED Video Light: https://amzn.to/4hUP2H1 Rode Collar Mic: https://amzn.to/3E1UfyO ----- For more podcasts like this one, subscribe to our channel. We regularly feature new episodes filled with valuable discussions and insights. About Ravi Kapoor: Ravi Kapoor is an ex-IRS officer, competitive powerlifter, chief mentor, TEDx speaker, and author. Additionally, Ravi holds an MA in clinical psychology and has chosen to focus on mentoring the next generation of civil servants. To know more: Instagram: https://www.instagram.com/ravikapoori... LinkedIn: LinkedIn: ravi-kapoor-001bb1132 ----- 0:00 Intro 0:59 How War and the Rupee Crash Hit India's Export Import Business 4:29 Why Manufacturer Exporters Are Failing in India 7:35 Make in India vs China and Vietnam: Why Are We Behind? 8:50 How Much Tax Does an Indian Businessman Pay, and Why Are People Leaving for Dubai? 11:03 Why Government Export Schemes Fail on the Ground 14:01 Why Officers Don't Help Businessmen: An Ex-IRS Confession 16:50 The Real Cost of Getting an IEC Code and Udyam Certificate 18:06 What Is Hawala and How Does It Work in Export Import? 22:24 The Africa Scrap Import Scam and What a Customs Officer Earns Monthly 28:15 How China Does Business in Africa and Why India Doesn't 34:39 Do Tax Officers Understand Business? Can They Read a Balance Sheet? 44:04 What Happens to India If Businessmen Back Off?