India Economy Thread

[Thinking]

Hitachi India to hire over 5,000 in infrastructure, energy and tech bets

Hitachi India is set to hire over 5,000 new employees in the next five years. This expansion focuses on energy, artificial intelligence, and resources. The Japanese conglomerate is capitalizing on India's infrastructure development and digital transformation. Hitachi India sees India as a key...

economictimes.indiatimes.com

Davos 2026: Nokia keen on setting up GCC in Karnataka

Karnataka is attracting significant global investment interest. Nokia plans to establish a Global Capability Centre and additional research centres, expanding its presence beyond Bengaluru. The state government also held discussions with cybersecurity firm Cloudflare and US-based space and...

economictimes.indiatimes.com

Renault is coming back. But our economy is shrinking!

 

[hydrabadi_arab]

Modi regime is hilarious. India finally doing FTA with EU after 20 years because GSP status ended 1 January 2026. Discussions started in 2007 but India was not interested because of GSP status.

Congrats India, you no longer need GSP. Now Europe have leverage to gain access to Indian market. FTA will not lower tariff for Indian goods then GSP.

 

[Thinking]

Modi regime is hilarious. India finally doing FTA with EU after 20 years because GSP status ended 1 January 2026. Discussions started in 2007 but India was not interested because of GSP status.

Congrats India, you no longer need GSP. Now Europe have leverage to gain access to Indian market. FTA will not lower tariff for Indian goods then GSP.

Yes, we have failed spectacularly! Shrinking GDP, failing export...the end.

 

[vasanthm]

Modi regime is hilarious. India finally doing FTA with EU after 20 years because GSP status ended 1 January 2026. Discussions started in 2007 but India was not interested because of GSP status.

Congrats India, you no longer need GSP. Now Europe have leverage to gain access to Indian market. FTA will not lower tariff for Indian goods then GSP.

What will we do, poor us

 

[Thinking]

What will we do, poor us

We can learn from our surroundings. I suppose.

 

[vasanthm]

https://www.bloomberg.com/news/articles/2026-01-23/india-s-sales-of-treasuries-deepen-pivot-away-from-dollar-assets

Interesting development

 

[Thinking]

https://www.bloomberg.com/news/articles/2026-01-23/india-s-sales-of-treasuries-deepen-pivot-away-from-dollar-assets

Interesting development

World is a changing. There is a wonderful video by Shekhar Gupta on American tariff and why we must be grateful for it. Lets see what comes in budget. Government intends to do serious regulatory reforms, reigning in the babudom (so they say). Week rupee is excellent for export if we can build products that world wants to buy. Delinking from America and spreading our exports all over the world is best bet moving forward.

 

[Thinking]

Rashmi Group to set up steel plant in Telangana with ₹12,500 cr; Ab InBev to invest in existing facility expansion

Rashmi Group plans a ₹12,500 cr steel plant in Telangana, while AB InBev announces facility expansion.

www.thehindu.com

We are building nice steel capacity. I just hope government finally pays attention to urban infra. Imagine the construction boom. We could add 1-1.5% to GDP by just rebuilding our cities..

 

[CallSignMaverick]

Modi regime is hilarious. India finally doing FTA with EU after 20 years because GSP status ended 1 January 2026. Discussions started in 2007 but India was not interested because of GSP status.

Congrats India, you no longer need GSP. Now Europe have leverage to gain access to Indian market. FTA will not lower tariff for Indian goods then GSP.

Bhaijaan FTA makes GSP redundant, ook up with GSP status of Vietnam when FTA was signed.

 

[hydrabadi_arab]

Bhaijaan FTA makes GSP redundant, ook up with GSP status of Vietnam when FTA was signed.

Not really. FTA mean India will have to open up their markets for EU and in return India may not even get GSP like tariff. This trade deal is only good for EU but stupid Modi bakhts are hyping it up as if its some ground breaking.

 

[Thinking]

Not really. FTA mean India will have to open up their markets for EU and in return India may not even get GSP like tariff. This trade deal is only good for EU but stupid Modi bakhts are hyping it up as if its some ground breaking.

This wisdom is too much for us Indians! We can only listen and be amazed.

 

[Thinking]

Bhaijaan FTA makes GSP redundant, ook up with GSP status of Vietnam when FTA was signed.

You clearly don't understand economics, sir. One must gain wisdom from all corners.

 

[vasanthm]

Not really. FTA mean India will have to open up their markets for EU and in return India may not even get GSP like tariff. This trade deal is only good for EU but stupid Modi bakhts are hyping it up as if its some ground breaking.

Obviously trade deals India spends years negotiating are bad for India, only presenting minerals to Trump in a suitcase at the Whitehouse is good for the country.. we can only hope to learn more from your kind..

 

[CallSignMaverick]

I think INR is being kept artificially low to shield external trade.

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[Thinking]

Obviously trade deals India spends years negotiating are bad for India, only presenting minerals to Trump in a suitcase at the Whitehouse is good for the country.. we can only hope to learn more from your kind..

We are inherently stupid people. We hope to reach 7 trillion by 2035 and nearly 5K USD PCI. How smart can we possibly be?