India Economy Thread

hydrabadi_arab said:
$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.
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Where did you get $407bn from? Can you provide a link ??
 
@Ali_Baba

US$400-450 BN seems right for PAK. In fact, I would think it is BD GDP which is inflated (although I won't say that on the BD pages!)

Regards
 
Ali_Baba said:
thanks. I will work off on the basis it is $407, but I do think the forecast is highly optimistic but I would love to be proved wrong!
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$460bn is not highly optimistic. 4.5% GDP growth, 6% inflation. Currency is stable.

Maybe it will be $450bn at the end but not much lower.
 
SoulSpokesman said:
@Ali_Baba

US$400-450 BN seems right for PAK. In fact, I would think it is BD GDP which is inflated (although I won't say that on the BD pages!)

Regards
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Even the chief advisor, when he came in said BD GDP is very inflated. Should not be a problem to say that there.
 
vasanthm said:
They should have privatised it much earlier
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Perhaps off topic..
You would be pleased to know that as your prime enemy nation, we have problems with our airlines too; but these are related to our general state of the economy, which is locked in a perpetual wartime mode over the last 5 decades.
India with a robust $5 trillion economy and 8.5% growth should be able to resolve any issues related to civil aviation very easily. Most countries with vibrant economies like Singapore, Qatar and UAE have very good airline services.
Even from an enemy perspective I am far less pessimistic about the state of India's civil aviation.
 
Baibers_1260 said:
Perhaps off topic..
You would be pleased to know that as your prime enemy nation, we have problems with our airlines too; but these are related to our general state of the economy, which is locked in a perpetual wartime mode over the last 5 decades.
India with a robust $5 trillion economy and 8.5% growth should be able to resolve any issues related to civil aviation very easily. Most countries with vibrant economies like Singapore, Qatar and UAE have very good airline services.
Even from an enemy perspective I am far less pessimistic about the state of India's civil aviation.
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They don't hire rhinoceros for flight attendants
 
Guynextdoor said:
They don't hire rhinoceros for flight attendants
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Nothing wrong with overweight flight attendants. We have them on US airlines too. It doesn't matter how much she/he weighs or how she/he looks as long as we get hot coffee and some biscuits. When I last flew Indian Airlines I had a small breakfast of Dal-Puri (or Bonda?) , Chutney, Brittania Biscuits ( or was it Parle-G ? ) and Nescafe coffee. I heard Indigo and other airlines don't provide snacks anymore and one has to buy one's own water.
 
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economictimes.indiatimes.com

HD Hyundai to set up shipyard in Tamil Nadu's Thoothukudi

HD Hyundai, a major South Korean shipbuilding company, will establish its first Indian shipyard in Thoothukudi, Tamil Nadu. This significant investment follows extensive scouting and discussions with various Indian states. The project highlights Tamil Nadu's strong policy framework and...
economictimes.indiatimes.com economictimes.indiatimes.com

Finally government is taking this sector seriously..
 
Ali_Baba said:
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.
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Indian population is now less than 6 times Pakistan's population, just wanted to point out.
 
Thinking said:
Indian population is now less than 6 times Pakistan's population, just wanted to point out.
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i stand corrected. 1.45 billion people, compared to Pakistan's population of around 251 million. = 5.77.

So, yes, Pakistan's performance in real terms is even worse.
 
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