India Economy Thread
- Thread starter indushek
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SoulSpokesman
Trusted Member
@Thinking
lots of cheap oil and gas deal in future.
An FTA with GCC would be good of course but not sure that GCC countries would sell oil to us at below market rates. Our Pakistani friends won't like it though.
@r3alist bro
H1bs are out, jobs in India are in
Not sure which is better but as long as jobs are transferred from white US/Europe to Indians (whether NRI or domestic) it is much welcome. Let's hope in the long run most, if not all white-collar jobs in the West are transferred to India/ethnic Indians.
Regards
lots of cheap oil and gas deal in future.
An FTA with GCC would be good of course but not sure that GCC countries would sell oil to us at below market rates. Our Pakistani friends won't like it though.
@r3alist bro
H1bs are out, jobs in India are in
Not sure which is better but as long as jobs are transferred from white US/Europe to Indians (whether NRI or domestic) it is much welcome. Let's hope in the long run most, if not all white-collar jobs in the West are transferred to India/ethnic Indians.
Regards
r3alist
Elite Member
I think more are coming.
SoulSpokesman
Trusted Member
@vasanthm @r3alist
In the long run, it’s actually multiple times better for India when these jobs come here,
Yes, but what we should aspire for in the long run is our own IP, where the best Indian minds would work for a global wage in India for Indian companies for the global market.
Regards
In the long run, it’s actually multiple times better for India when these jobs come here,
Yes, but what we should aspire for in the long run is our own IP, where the best Indian minds would work for a global wage in India for Indian companies for the global market.
Regards
CallSignMaverick
Registered Member
r3alist
Elite Member
You would need to start having your own competitors as Indian companies, but you are right, at this stage the workforce is surely ready to do this meaningfully but it would rock the boat
SoulSpokesman
Trusted Member
@r3alist
As we discussed sometime back our seths (both industrialists as well as homegrown VCs) are unwilling to take risks; and the system is incapable of supporting them. Nonetheless, a few green shoots are there.
Regards
As we discussed sometime back our seths (both industrialists as well as homegrown VCs) are unwilling to take risks; and the system is incapable of supporting them. Nonetheless, a few green shoots are there.
Regards
r3alist
Elite Member
The risk would be competing with us firms, once you are a competitor
Right now the benefits from offshore hiring accrue to us company balance sheets.
CallSignMaverick
Registered Member
Hopefully we exceed USA for number 2 spot in 5 years 
asia.nikkei.com
Japan's Aisin to build two new Indian auto part plants
Supplier to make automatic transmissions as demand grows in India
asia.nikkei.com
SoulSpokesman
Trusted Member
@r3alist bro
The risk would be competing with us firms, once you are a competitor
Right now the benefits from offshore hiring accrue to us company balance sheets.
Yes, of course. There is a lot of easy money to be made by being labour contractors (that is what most of our "tech" companies) to Western majors. To become an original player, you will have to get out of that comfort zone.
Interestingly, Infosys had the option of being an early investor in Open AI but that would have required them to cough up US$ 1 billion upfront with no guarantee. The then CEO couldn't convince Narayana Murthy and the offer was passed up. Had they done so, their stake would be reportedly worth over USD 45 billion.
Regards
The risk would be competing with us firms, once you are a competitor
Right now the benefits from offshore hiring accrue to us company balance sheets.
Yes, of course. There is a lot of easy money to be made by being labour contractors (that is what most of our "tech" companies) to Western majors. To become an original player, you will have to get out of that comfort zone.
Interestingly, Infosys had the option of being an early investor in Open AI but that would have required them to cough up US$ 1 billion upfront with no guarantee. The then CEO couldn't convince Narayana Murthy and the offer was passed up. Had they done so, their stake would be reportedly worth over USD 45 billion.
Regards
Vikramaditya1
Trusted Member
Unlikely, you see the capex outlay? Record ₹12 Lakh Crores that's the government essentially creating long term assets. The debt will not be a problem as long as we grow 10.2% nominal.
CallSignMaverick
Registered Member
Forex reserves rise to $724 billion
economictimes.indiatimes.com
RBI MPC 2026: India's forex reserves stand at $723.8 billion as on January end, Guv Malhotra says
India's foreign exchange reserves have surged to $723.8 billion by January 30, 2026. This provides a strong buffer, covering more than 11 months of merchandise imports. The Reserve Bank of India is confident in meeting external financing needs. Gold reserves and Special Drawing Rights have also...
CallSignMaverick
Registered Member
CallSignMaverick
Registered Member
Yayy!
