India Economy Thread

vasanthm said:
Wh


What bull crap are you on about.. here is a total summary of the transcript from chatGPT for the video you shared

----------------------------
Ultra-short summary

Growth & stability: India is on track for ~7% real GDP growth, supported by low inflation, fiscal discipline (deficit down to ~4.4%), tax relief, good monsoons, and stable energy prices.

GST reforms: Fewer slabs and lower rates boosted consumption and compliance; revenues rose despite rate cuts.

Inflation risk: Extremely low inflation helps consumers but may temporarily hurt nominal GDP and tax growth.

Trade & oil: US tariff issues are now geopolitical, not technical. Russian oil purchases were legal and stabilising; India is gradually rebalancing.

Investment: Private capex has rebounded strongly (₹12.1 tn), alongside high public infrastructure spending; overall investment (~31–32% of GDP) is healthy.

Reforms: Push for less regulation—reframed as “ease of being honest”. States are leading with land and labour liberalisation.

FDI: Lower net FDI reflects profit-taking in strong Indian markets, not declining confidence.

Bottom line: Short-term fundamentals are strong; medium-term growth hinges on deeper deregulation and private-sector freedom.
Click to expand...
You don't listen to it and I knew you didn't

That's AI slop

11.45...tepid investment

20 16 mixed picture for foreign investment

29 50 the big tech investment are creating some jobs, not for the big chunk of people in the middle....it can only go so far

22: 50 India is doing better with toys and slightly more value add....lol
 
r3alist said:
You don't listen to it and I knew you didn't

That's AI slop

11.45...tepid investment

20 16 mixed picture for foreign investment

29 50 the big tech investment are creating some jobs, not for the big chunk of people in the middle....it can only go so far

22: 50 India is doing better with toys and slightly more value add....lol
Click to expand...


Seems like a fair assessment overall and the takeaway is that we’re heading in the right direction. What’s your point? You guys jump around for lousy million dollar investments, and then act surprised that big tech like Microsoft isn’t going to hire Rajesh, a 5th fail or a subsistence farmer, to code their next big product.
 
vasanthm said:
Seems like a fair assessment overall and the takeaway is that we’re heading in the right direction. What’s your point? You guys jump around for lousy million dollar investments, and then act surprised that big tech like Microsoft isn’t going to hire Rajesh, a 5th fail or a subsistence farmer, to code their next big product.
Click to expand...
Yes exactly, it will be steady, though with some global headwinds and internal challenges, to meet a growing population

That's all I have ever said really, I don't need to defend the doomsday scenario because I never said it myself
 
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vasanthm said:
I don't think India is at the innovation stage of development yet, it's still a very long way to go
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China has well and truly arrived on that front.

Apparently the iit institutions need some work on their PhD programs, I could be shooting from the hip so you can correct me
 
r3alist said:
China has well and truly arrived on that front.

Apparently the iit institutions need some work on their PhD programs, I could be shooting from the hip so you can correct me
Click to expand...
And how exactly is this relevant to the current topic ?
 
onlinpunit said:
And how exactly is this relevant to the current topic ?
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Is technology and Innovation not meant to be Central to India's growth plans? What happened to those unicorns.

Whilst no one reasonably benchmarks India to China, including Indians, we often hear about the top one percent in India, I would have imagined they should have more presence in innovation and patents

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r3alist said:
China has well and truly arrived on that front.

Apparently the iit institutions need some work on their PhD programs, I could be shooting from the hip so you can correct me
Click to expand...

Yeah, China has definitely arrived, no argument there. India isn’t really comparable to China yet. We’re growing, but nowhere near the speed or scale China pulled off.
As for IITs, they are outstanding engineering and applied institutions. Their historical strength has been producing high quality engineers and industry ready talent, not large scale basic science or frontier PhD research.
 
vasanthm said:
Yeah, China has definitely arrived, no argument there. India isn’t really comparable to China yet. We’re growing, but nowhere near the speed or scale China pulled off.
As for IITs, they are outstanding engineering and applied institutions. Their historical strength has been producing high quality engineers and industry ready talent, not large scale basic science or frontier PhD research.
Click to expand...


And this is true for sure.
 
r3alist said:
China has well and truly arrived on that front.

Apparently the iit institutions need some work on their PhD programs, I could be shooting from the hip so you can correct me
Click to expand...

vasanthm said:
I don't think India is at the innovation stage of development yet, it's still a very long way to go
Click to expand...

Yes we aren't there yet true, but substantial progress has been made in last 10 years. In Global Innovation Index India ranked 93rd in 2014 which jumped to 38th in 2025 which is a monumental leap to say the least. As India socio-economic conditions improve and r&d budget increases we would be amoung the top innovative countries by 2047.
 
INS_Vikrant said:
Yes we aren't there yet true, but substantial progress has been made in last 10 years. In Global Innovation Index India ranked 93rd in 2014 which jumped to 38th in 2025 which is a monumental leap to say the least. As India socio-economic conditions improve and r&d budget increases we would be amoung the top innovative countries by 2047.
Click to expand...
Well over time this will be interesting to see, bleeding and cutting edge technologies have recently been pioneered by a handful of countries, I mean the last century, and eventually it trickles down to the rest of the world.

This is a no-brainer as they seek to maintain their dominance, China has made leaps to not only catch up but also lead in some areas, it will be interesting to see if the same pattern repeats, right now we are in the age of exponential changes in technology, something like that, and more technology unlocks further technology, the next race is quantum computing, which will unlock or open up new incredible capabilities.

It it could even look like how the rest of the world watched Europe and America industrialize, India should consider going full throttle, as much as possible and then some more
 
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