I already have spreadsheets showing what actual equity and capital materialises for a relevant current block of years w.r.t market cap in India.
GCF/market cap, P/E ratios and so much more.
i.e specific lag here and why (i.e ramp1 vs ramp2 when it comes to something as basic as corporate credit as %of GDP when comparing the largest peer competitor most similar earlier phase to India)
i.e the structural reasons supporting and determining each ramp, and the underlying weights of those and both govt and corporate role in that (and their relative misunderstanding, status quo and dereliction of it w.r.t the basic subtractive analysis between the ramps)
The overall larger psyche and realised propensity of large caps and large govt policy levers and thus the proven void % they so far abscond on to its large degree....as it is phenomenon that likes to match the 1% to 1% and then the 10% to the 10% (to some economy/society outside of India) to its degree .....but leaves the 90% to rot and fend for itself....rather than tending appropriately there first to get a much more concrete cohesive basis for trajectory and inertia as proven by other populations efforts here.
....so a novice's stale opinion (I've seen umpteen times before) on the matter really means very little to me.
Even listening to a fairly pro-BJP perspective, the larger scale and what could be done right now (but is "ongoing"/slow) is just very different to your flash in pan selectivism/feel good:
Simply the reason why I will wait and see what next 10 years actually are before blabbing "superpower" feel good.