India Economy Thread

[Guynextdoor]

This is deliberate chaos to arm twist the govt. Boy are they going to pay the price. They simultaneously made enemies of customers and govt. The cancelled more than 500 flights suddenly.

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[Guynextdoor]

Foreign carriers were kept out of domestic routes to give our homegrown airlines room to grow. Perhaps it’s time to rethink that policy and open up the domestic market.

we should understand why the other players failed and help fix any policy issues.

 

[SoulSpokesman]

@Guynextdoor @vasanthm

India is a poor, price conscious market. Costs have to be brought down. From the govts side the biggest ask is to reduce taxes on aviation fuel.

Regards

 

[Guynextdoor]

@Guynextdoor @vasanthm

India is a poor, price conscious market. Costs have to be brought down. From the govts side the biggest ask is to reduce taxes on aviation fuel.

Regards

you wrote this comment because you wanted to use the word 'poor'

 

[SoulSpokesman]

I was merely stating facts. My wants and desires are immaterial @Guynextdoor

 

[Sam6536]

That's why Oligopoly is bad for any commercial sector. This is blatant abuse of their market position.

Indigo owns 60% market share in India.

Airline is a sector where new players would find it almost impossible to join due to regulatory hurdles, high ATF costs and the ballooning leasing + insurance costs.

 

[Baibers_1260]

you wrote this comment because you wanted to use the word 'poor'

What happened to the days when the Indian Maharaja was a symbol of excellence.?
I have flown Air India - Indian Airlines. It was a nice experience.

 

[vasanthm]

What happened to the days when the Indian Maharaja was a symbol of excellence.?
I have flown Air India - Indian Airlines. It was a nice experience.

View attachment 163914

They should have privatised it much earlier

 

[Guynextdoor]

They should have privatised it much earlier

20 years ago I boarded an IA flight and they put a (male) 45 year old rhinoceros in front of me as 'flight attendant'. It was as if he was threatening to beat people up if they ever asked for something.

 

[Sam6536]

I made a project on this same topic a year ago btw

It was a disaster waiting to happen. Cartelisation and it's related cons are a reality.

 

[vasanthm]

20 years ago I boarded an IA flight and they put a (male) 45 year old rhinoceros in front of me as 'flight attendant'. It was as if he was threatening to beat people up if they ever asked for something.

I’ve never got the logic of using public money to keep a government run airline alive, pure babu ego. A friends dad, a top bureaucrat once had an entire flight in Assam held for 30 minutes because he couldn’t make it on time. Good riddance to that era.

 

[Guynextdoor]

I’ve never got the logic of using public money to keep a government run airline alive, pure babu ego. A friends dad, a top bureaucrat once had an entire flight in Assam held for 30 minutes because he couldn’t make it on time. Good riddance to that era.

I believe some time in the past 'national carrier' idea was a thing. Now it is outdated.

 

[vasanthm]

I believe some time in the past 'national carrier' idea was a thing. Now it is outdated.

You can have a national carrier run by a private company with all the efficiency etc

 

[Ali_Baba]

Indian rupee tanking. In $ India GDP will not cross $4 trillion even in current FY 2025-26. Meanwhile Indians were celebrating $4 trillion economy last year. Pakistan GDP for current FY2025-26 $460bn or about 8.5 times smaller. IMF run economy GDP is narrowing the gap.

Remember good chunk of India GDP is made up post 2014 Modi rebasing.

Where did you get the value of $460 billion from ??? It looks very wrong, most reports put it at $370bn for Pakistan, ie Pakistan is just under 11 times smaller economically on a population difference of 1/7th to India. So, India has outgrown Pakistan by $1.4 trillion( 7 * 370 = 2.59 trillion - 4 trillion = 1.4 trillion of real outpacing growth on Pakistan ) in the last 20 years, ie just under 3 x Pakistan economy on average India has "added on top" in real terms to their economy.

Pakistan and India tracked at 1/7th population for 1/7th of the economy for the bulk of their history, and this has changed in the last 20 years as India took off and Pakistan f------d around with musical chairs of who can sit in the chair, with the Fauji also actively undermining Pakistan's economy to maintain "control" over everything and the whole money grab the Fauji thought was "useful" to Pakistan on the WOT ( and lost sight of the bigger picture ).

The economy of Bangladesh is considered to be about $475billion right now. They have the same black economy that India, and Pakistan also have btw so that cannot be execused away either.

Pakistan is the worst economic performer in the whole of South Asia ( I dont include Afghanistan as South Asia ) by every metric out there.

Even if some of India's figures are inflated( which is not what the report suggests, it suggest the opposite), they are not material tot the degree of difference there is now between Pakistan and India now.

Lets be real here.

 

[hydrabadi_arab]

Where did you get the value of $460 billion from ??? It looks very wrong, most reports put it at $370bn for Pakistan, ie Pakistan is just under 11 times smaller economically on a population difference of 1/7th to India. So, India has outgrown Pakistan by $1.4 trillion( 7 * 370 = 2.59 trillion - 4 trillion = 1.4 trillion of real outpacing growth on Pakistan ) in the last 20 years, ie just under 3 x Pakistan economy on average India has "added on top" in real terms to their economy.

Pakistan and India tracked at 1/7th population for 1/7th of the economy for the bulk of their history, and this has changed in the last 20 years as India took off and Pakistan f------d around with musical chairs of who can sit in the chair, with the Fauji also actively undermining Pakistan's economy to maintain "control" over everything and the whole money grab the Fauji thought was "useful" to Pakistan on the WOT ( and lost sight of the bigger picture ).

The economy of Bangladesh is considered to be about $475billion right now. They have the same black economy that India, and Pakistan also have btw so that cannot be execused away either.

Pakistan is the worst economic performer in the whole of South Asia ( I dont include Afghanistan as South Asia ) by every metric out there.

Even if some of India's figures are inflated( which is not what the report suggests, it suggest the opposite), they are not material tot the degree of difference there is now between Pakistan and India now.

Lets be real here.

$407bn for 2024-25. $460bn is estimate for 2025-26 based on projected GDP of Rs130 trillion.

No doubt Pakistan is worst out of big 3 since 2010.