Why India Cannot Rise With Weak State Capacity

[retaxis]

India's GDP growth rate for the first quarter of fiscal year 2026/2027 is 7.8% according to Indian number. You really think India can grow at that rate or even 10% for long term say a decade or two without developing massive manufacturing ? That's really optimistic, lol. Besides, Indian rupee is depreciating while Chinese RMB is expected to appreciate significantly now and in the coming years.

Indian currency depreciate even faster even though they are import nation and need strong currency.

That is why china is always 5x larger economy than india at least.

Value of the rupee has crashed so hard if u look at graph last 20yrs