India Economy Thread

GoI is pushing towards self sufficient in areas where India can be so even if India's GDP or GDP Per capita interms of $$ remain stagnant but its important that INR wise it is growing above 6.5+, so it doesn't matter now whether we not pass mythical $4 trillion or $2500 range.

Problem is India make jack shit. Its all low tech thats why INR is tanking. Before you financed trade deficit with foreign investments now they are pulling out and crashing rupee with it. You missed out on AI and are left with coolie back office IT services who’s days are coming to an end.
 
Problem is India make jack shit. Its all low tech thats why INR is tanking. Before you financed trade deficit with foreign investments now they are pulling out and crashing rupee with it. You missed out on AI and are left with coolie back office IT services who’s days are coming to an end.
We make jack shit and export jack shit worth :
India's total combined exports (merchandise and services) achieved an all-time high of US$ 825.26 billion ! during 2024–25.
 
We make jack shit and export jack shit worth :
India's total combined exports (merchandise and services) achieved an all-time high of US$ 825.26 billion ! during 2024–25.

Half of that are service exports to USA. Bad days are coming for India IT industry. Majority of investors don't wait for apocalypse to happen before pulling out.

25% of India goods exports are re assembled Chinese products to export to USA/west. Good chunk of export of refined petroleum which you also import.

India make nothing that it can sell to the world on its own. Its low tech coolie economy that was propped by USA to take on China. India wasted all that easy money and didn't invest in R&D like China did. You remained on level of Pakistan and Bangladesh economy despite huge scale and decades of surplus $$ inflows.
 
Half of that are service exports to USA. Bad days are coming for India IT industry. Majority of investors don't wait for apocalypse to happen before pulling out.

25% of India goods exports are re assembled Chinese products to export to USA/west. Good chunk of export of refined petroleum which you also import.

India make nothing that it can sell to the world on its own. Its low tech coolie economy that was propped by USA to take on China. India wasted all that easy money and didn't invest in R&D like China did. You remained on level of Pakistan and Bangladesh economy despite huge scale and decades of surplus $$ inflows.
Here is the full data..Cope harder !
 
Half of that are service exports to USA. Bad days are coming for India IT industry. Majority of investors don't wait for apocalypse to happen before pulling out.

25% of India goods exports are re assembled Chinese products to export to USA/west. Good chunk of export of refined petroleum which you also import.

India make nothing that it can sell to the world on its own. Its low tech coolie economy that was propped by USA to take on China. India wasted all that easy money and didn't invest in R&D like China did. You remained on level of Pakistan and Bangladesh economy despite huge scale and decades of surplus $$ inflows.

I was always wondered that how can a country like Pakistan which has 400+ million people, higher than mountain & deeper than sea relation with China and with billions of gold, copper & rare earth materials deposits can keep their GDP under 400 billion $$ for past decade.


& now I got the answer
 
I was always wondered that how can a country like Pakistan which has 400+ million people, higher than mountain & deeper than sea relation with China and with billions of gold, copper & rare earth materials deposits can keep their GDP under 400 billion $$ for past decade.


& now I got the answer
So indians are re exporting Assembled Chinese goods but the same option is not available for their BFF Pakistanis ?
 
I was always wondered that how can a country like Pakistan which has 400+ million people, higher than mountain & deeper than sea relation with China and with billions of gold, copper & rare earth materials deposits can keep their GDP under 400 billion $$ for past decade.


& now I got the answer

$452bn* GDP and 240 million people.

We know our problems, you don't need to exaggerate. I'm here to burst Indian buble.
 
$452bn* GDP and 240 million people.

We know our problems, you don't need to exaggerate. I'm here to burst Indian buble.

You might have left out unaccounted GDP of Pakistan in that $452bn ? will not you explain about it.

Indian bubble is already busted, we are over, we are all starving without wheat, gas & electricity, our PM is begging to citizen for not buy imported essential commodities. RBI is throwing money into market to stabilize INR.
 
“NEW: India is reportedly considering a rate hike as the rupee crashes to all-time lows.”

Make sense, if you cant earn enough dollars then make credit expensive so Indians buy less imported. Will hit GDP growth but will stabilize currency without RBI having to burn FX which is temporary anyway.
 
Venezuelan Acting President Delcy Rodriguez is expected to travel to India next week to discuss oil sales, United States Secretary of State Marco Rubio said.

At an estimated 303 billion barrels of oil – about 17 percent of known global oil resources – the South American nation holds the world’s largest reserves, larger even than those held by Saudi Arabia and the US, though years of US sanctions and government mismanagement had crippled production in Venezuela.

As conflict engulfs the Middle East and oil markets tighten, Washington, which took control of Venezuela’s oil industry following the abduction of former President Nicolas Maduro from Caracas by US forces in January, now appears eager to push Venezuelan crude back onto the global market.

India has been buying more Russian oil amid the global energy crisis triggered by the US-Israel war on Iran, much to the irritation of the US, which argues that revenues are supporting Russia’s war on Ukraine. Before the Iran war began, Indian Prime Minister Narendra Modi had promised to stop buying Russian oil and instead buy crude from the US and Venezuela in February.

Now, Rubio, who will travel to India from May 23 to 26 for talks on trade, defence cooperation and energy security, says Washington wants to make sure India does this.


“We want to sell them as much energy as they’ll buy,” Rubio said.

“We also think there’s opportunities with Venezuelan oil. In fact, it’s my understanding that the interim president of Venezuela will be travelling to India next week as well.”

Analysts say Washington is attempting to reshape global energy supply chains – reducing Iran’s leverage in any peace talks – while simultaneously tightening its grip over Venezuela’s oil sector.
 
Venezuelan Acting President Delcy Rodriguez is expected to travel to India next week to discuss oil sales, United States Secretary of State Marco Rubio said.

At an estimated 303 billion barrels of oil – about 17 percent of known global oil resources – the South American nation holds the world’s largest reserves, larger even than those held by Saudi Arabia and the US, though years of US sanctions and government mismanagement had crippled production in Venezuela.

As conflict engulfs the Middle East and oil markets tighten, Washington, which took control of Venezuela’s oil industry following the abduction of former President Nicolas Maduro from Caracas by US forces in January, now appears eager to push Venezuelan crude back onto the global market.

India has been buying more Russian oil amid the global energy crisis triggered by the US-Israel war on Iran, much to the irritation of the US, which argues that revenues are supporting Russia’s war on Ukraine. Before the Iran war began, Indian Prime Minister Narendra Modi had promised to stop buying Russian oil and instead buy crude from the US and Venezuela in February.

Now, Rubio, who will travel to India from May 23 to 26 for talks on trade, defence cooperation and energy security, says Washington wants to make sure India does this.


“We want to sell them as much energy as they’ll buy,” Rubio said.

“We also think there’s opportunities with Venezuelan oil. In fact, it’s my understanding that the interim president of Venezuela will be travelling to India next week as well.”

Analysts say Washington is attempting to reshape global energy supply chains – reducing Iran’s leverage in any peace talks – while simultaneously tightening its grip over Venezuela’s oil sector.
We have refineries capable of Processing Venezuela Crude !
 

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