India Economy Thread

CallSignMaverick · Dec 27, 2023

CallSignMaverick · Dec 27, 2023

Reliance has broken ground on their ₹4400 crore life science project in Nashik, spread over 130 acres, will make plasma proteins, biosimilars, small molecule oncology products & vaccines. The field is currently dominated by Korean, Chinese & American cos.

Why Reliance Life Sciences could be the next big thing in India's biotechnology space

After patient nurturing over two decades, Reliance Life Sciences is investing in a new plant and looking to enter new segments. The biotechnology player could well be the next big thing from the Reliance stable

www.businesstoday.in

CallSignMaverick · Dec 27, 2023

CallSignMaverick · Dec 27, 2023

CallSignMaverick · Dec 27, 2023

India will absorb about $450 billion worth of capital in the next 5 years: Venture capital firm

We expect India will absorb about $450 billion worth of capital in the next 5 years: Venture capital firm

Sudhir Sethi, founder and chairman of India-based Chiratae Ventures, discusses what's driving India's startup ecosystem.

www.cnbc.com

Tesla leases office in Pune’s Viman Nagar amid India foray talks
Read more at:

Tesla leases office in Pune’s Viman Nagar amid India foray talks

Even as top executives of Tesla are meeting up with Indian government officials to discuss its foray into the country, the US-based electric vehicle manufacturer has picked up office space in Punes Viman Nagar locality. The companys India arm, Tesla India Motor & Energy, has leased the office...

economictimes.indiatimes.com

India card payments market to surpass $728 billion in 2027, forecasts GlobalData

India card payments market to surpass $728 billion in 2027, forecasts GlobalData

GlobalDatas Payment Cards Analytics reveals that card payments value in India registered a strong growth of 26.2% in 2022, supported by the improving economic conditions. This trend is expected to continue in 2023 and set to grow by 28.6% to reach $337.2 billion in 2023.

economictimes.indiatimes.com

mulj · Dec 27, 2023

Rivino said:
All that is true even if we don't use the INR to pay for our international trade. INR is a freely convertible currency.

That is the catch, malaysia soros case is tip of the iceberg what could happen, really tight and harsh control of currency stock market has to be in place, for start.

spammmmer · Dec 27, 2023

When can we expect pakistan to have 1/7th of money and influence india has on this world is the gap only going to worsen or is there any way out?
Is all the hopes of recovery died after removal of imran khan?
Or the new govt will make it a developed world before india is there any hope??

Rivino · Dec 27, 2023

mulj said:
That is the catch, malaysia soros case is tip of the iceberg what could happen, really tight and harsh control of currency stock market has to be in place, for start.

Soros did what he did because the currency was not feely convertible.

Besides India has a 600 Billion + foreign reserve so there are not many players who can do currency manipulation. Only G7 nations can and that would be an act of war.

mulj · Dec 27, 2023

Rivino said:
Soros did what he did because the currency was not feely convertible.

Besides India has a 600 Billion + foreign reserve so there are not many players who can do currency manipulation. Only G7 nations can and that would be an act of war.

That is credible risk, if you are transitioning from colony up to indenpendent state towards global power you are becoming competitor in game rules are changed.

Rivino · Dec 27, 2023

mulj said:
That is credible risk, if you are transitioning from colony up to indenpendent state towards global power you are becoming competitor in game rules are changed.

Its a credible risk only if they go to war with India.

By that logic, every nuke in every country is a credible risk. But they are not considered risk because in a rational world, war is the last resort of the incompetent or the desperate.

And we can all see such bunch coming from a mile away and prepare.

mulj · Dec 27, 2023

Rivino said:
Its a credible risk only if they go to war with India.

By that logic, every nuke in every country is a credible risk. But they are not considered risk because in a rational world, war is the last resort of the incompetent or the desperate.

And we can all see such bunch coming from a mile away and prepare.

War is not conducted only with weapons it is multidimensional thing today.

Rivino · Dec 27, 2023

mulj said:
War is not conducted only with weapons it is multidimensional thing today.

True, but who would want to pick a fight with India when they can do trade with India and make their lives better ?

Rest of the world does not think like pakistan.

mulj · Dec 27, 2023

Rivino said:
True, but who would want to pick a fight with India when they can do trade with India and make their lives better ?

Rest of the world does not think like pakistan.

Idealistic approach, greed transformed into state aparatus prevent such utopia, frictions are always present in world affairs

nahtanbob · Dec 27, 2023

fitpOsitive said:
Seems like a good idea.
link

Will pass through Haifa Israel.
Saudia and Germany are also included.
I don't know what is it's relevancy with GAZA, but my sixth sense says there is some relevancy. That's why Germany is actively supporting Israel and Saudia is silent over Gaza.
But if it is energy corridor, then sooner or later Greece would try to jump in. In that case, Turkey might face difficulties over oil extraction from Mediterranean. And if this project becomes a success, then what about BRI? Is China still in interested in it?

I mean a lot of ifs and buts.

For starters India is not borrowing tens of billions to finance IMEC

Rivino · Dec 27, 2023

mulj said:
Idealistic approach, greed transformed into state aparatus prevent such utopia, frictions are always present in world affairs

There are no idealistic approach in real politik.

Even Taliban uses islam as a political tool to grab power and make money.

Greed and Fear is the only reality in this world and we all find path of least resistance to address both. Same is true for nations. Walking this path is called "world affairs".

Picking a fight with the largest nation in the world (population) is NOT the path of least resistance. Its a path of maximum resistance.

Its not like there has not been attempts to manipulate INR, but RBI has always see it and has done what is required to restore equilibrium.

India Economy Thread

Registered Member

Registered Member

Registered Member

Registered Member

Registered Member

Trusted Member

Banned

Registered Member

Trusted Member

Registered Member

Trusted Member

Registered Member

Trusted Member

Banned

Registered Member

Users who are viewing this thread

Share this page

We value your privacy