Indian Economy

[FalconSlayers]

Germany bets on India to reduce reliance on China

German Chancellor Olaf Scholz is leading a delegation to New Delhi to enhance market access in India. This is part of Germany's strategy to reduce reliance on China. German firms see growth potential in India, despite investment hurdles. Trade between Germany and India reached a new peak in...

economictimes.indiatimes.com

What's up with this new German maska-lagana?
Are they that desperate to sell us the submarines?

https://www.telegraphindia.com/india/german-chancellor-olaf-scholz-set-for-three-day-india-visit-from-october-24/cid/2057242

Yeah trying to do pappi jhappi before PseudoHitler lands in Delhi.

View: https://x.com/AmbAckermann/status/1849037160168521990




Basically they're screwed hard by chinese manufacturing supremacy and now are desperate to "forge ties" with India, while still not abandoning their woke/nazi baboonery.


This was released few days ago by the german shepherds regarding the same. This is their "India strategy" minus Jammu & Kashmir and Ladakh.

 

[shade2]

Yeah trying to do pappi jhappi before PseudoHitler lands in Delhi.

View: https://x.com/AmbAckermann/status/1849037160168521990




Basically they're screwed hard by chinese manufacturing supremacy and now are desperate to "forge ties" with India, while still not abandoning their woke/nazi baboonery.


This was released few days by the german shepherds regarding the same. This is their "India strategy" minus Jammu & Kashmir and Ladakh.
View attachment 13139

No serious deals with this country till they spread their buns for us like they do for China, Turkey and did for Russia in the past

 

[ezsasa]

This was released few days ago by the german shepherds regarding the same. This is their "India strategy" minus Jammu & Kashmir and Ladakh.
View attachment 13139

because of the china occupied territory of J&K, germany has a china dependency.

 

[AYoungBrotchen]

A very disturbing read.

https://edition.cnn.com/2024/10/22/india/young-indians-chase-american-dream-intl-hnk-dst/index.html

People willing to take such risks speaks a great failure of Indian political class to generate meaningful employment. These young men have barely any education. Blue color work is looked down upon. What exactly is the future for such young men?

 

[Cheepek]

A very disturbing read.

https://edition.cnn.com/2024/10/22/india/young-indians-chase-american-dream-intl-hnk-dst/index.html

People willing to take such risks speaks a great failure of Indian political class to generate meaningful employment. These young men have barely any education. Blue color work is looked down upon. What exactly is the future for such young men?

It has little to do with meaningful employment, but the wage differential that exists b/w a $80k per capita country and a $2.5k per capita country. Life is all about choices

 

[ezsasa]

A very disturbing read.

https://edition.cnn.com/2024/10/22/india/young-indians-chase-american-dream-intl-hnk-dst/index.html

People willing to take such risks speaks a great failure of Indian political class to generate meaningful employment. These young men have barely any education. Blue color work is looked down upon. What exactly is the future for such young men?

if democrats were not losing votes because of this illegal immigration issue, CNN would have put a positive spin on this story using phrases like "murican dream", "land of the free" blah blah.

murican softpower invited these young men to come, now murican softpower is sowing doubts in potential immigrant to prevent them from coming. i won't be surpised if we find later, illegal immigration dropped both in their northern border and the south is because, voting date to so close that democrats can't make voter IDs for these immigrants anymore.

Indians don't have to guilt trip themselves on this.

 

[crazywithmath]

if democrats were not losing votes because of this illegal immigration issue, CNN would have put a positive spin on this story using phrases like "murican dream", "land of the free" blah blah.

Not really. They are taking potshots at the incumbent Indian govt (read Modi) only. Gloomberg too published a few articles on it iirc.

Indians don't have to guilt trip themselves on this.

They do not want to guilt trip random Indians on it. Their target is the gormint (who, they 'think', are failing India's 'educated youth').

Truth be told, you can never generate enough employment in India. Chinkus succeded to an extent but had to be content with some devastating trade-offs. Whether those trade-offs were worth it might be a matter of contention but you just cannot replicate their 'success' in 2024 - there will probably never be another Asian (or African) tiger; the pre GFC era lolbert utopia is gone.

We do lose out on some exceptionally talented folks (a tiny minority among the Indian immigrants) but that is about it. It does not make sense to do rr on 'muh brain drain'. As far as these 'illegals' are concerned I don't think even the columnists have a clue (Uncle Sam himself cannot provide the stats, haha) so no point speculating over it.

 

[shuturmurg]

India will need 1.7 billion sq ft of office space in next 10 years to cater to the growing demand

India's office space demand surges, fueled by GCCs and the IT sector. Predicted 1.7 billion sq ft required by 2030 with 2400 GCCs. Neel Raheja emphasizes growth in Tier 2 & 3 cities. Manufacturing land value and retail consumption expected to rise.

economictimes.indiatimes.com

See, I know it's not going to be easy, but it is still possible to be number 2.

Just checked online, average square feet needed per employee is from 120-175, so even if we take high estimate of 170, 1.7 billion sq feet converts to 10 million office jobs. Add supporting services to cater to those 10 million people (shops, contruction, schools, hospitals etc), it means 20-25 million jobs (Plus families of these people, so make it 50-60 million). This is just from these services based offices, there will be growth due to manufacturing and other businesses as well, definitely will need growth in tier 2 cities.

 

[FalconSlayers]

Just checked online, average square feet needed per employee is from 120-175, so even if we take high estimate of 170, 1.7 billion sq feet converts to 10 million office jobs. Add supporting services to cater to those 10 million people (shops, contruction, schools, hospitals etc), it means 20-25 million jobs (Plus families of these people, so make it 50-60 million). This is just from these services based offices, there will be growth due to manufacturing and other businesses as well, definitely will need growth in tier 2 cities.

Worst part? Local bodies building no new CBDs in our cities (except rendered garbage that they'll build at their babuspeed) India arguably is the lowest IQ race on earth when it comes to urban planning and development.

 

[shuturmurg]

Worst part? Local bodies building no new CBDs in our cities (except rendered garbage that they'll build at their babuspeed) India arguably is the lowest IQ race on earth when it comes to urban planning and development.

Be ready for more population explosion in Bangalore. Hyderabad was actually planning under BRS, not sure what Congress will do.

We need to expand our smaller cities (less than 50 lakh pop). Cities like Lucknow, VIzag, Jaipur, Kochi, Trivandrum, Chandigarh/Mohali, Bhubaneshwar, Indore, Nashik, Nagpur, Vadodara, Bhopal, etc. Should try to scale up these cities with new services jobs that are coming in. Will save overcrowding in bigger metro areas.

Look at China, they have 16 cities with population between 5 to 10 million, 8 with over 10 million. We are close to them in 10 million + metros, but have only 3 metro areas between 5-10 million.

 

[FalconSlayers]

Be ready for more population explosion in Bangalore. Hyderabad was actually planning under BRS, not sure what Congress will do.

We need to expand our smaller cities (less than 50 lakh pop). Cities like Lucknow, VIzag, Jaipur, Kochi, Trivandrum, Chandigarh/Mohali, Bhubaneshwar, Indore, Nashik, Nagpur, Vadodara, Bhopal, etc. Should try to scale up these cities with new services jobs that are coming in. Will save overcrowding in bigger metro areas.

Look at China, they have 16 cities with population between 5 to 10 million, 8 with over 10 million. We are close to them in 10 million + metros, but have only 3 metro areas between 5-10 million.

People must've seen videos like these

View: https://youtu.be/sE-ApURzEf0?si=w6zyd8pQD68iptyQ









These are the 100 biggest cities in china. People don't realise but most of them are satellite cities of bigger cities or sister cities of each other built up phase wise one after the other. This is ideally what India should be doing, is that happening? Not on a large scale. Especially in Bangalore and Hyderabad. At least Hyderabad built Neopolis and other newer areas on outskirts along the outer ring road, Bangalore is screwed up badly.

Amaravati, GIFT City and all are cool but will never become large as satellite cities of bigger cities will.
Chadigarh (A major UT) took 7 decades to hit a million people, Dwarka subcity touched that figure in just 2-3. Hope you get the point.

The only reason delhi is a shithole today is not poverty but lack of large scale housing and urban planning. Entire city is just erstwhile Haryana villages stitched together in a city surrounding the lutyen's delhi. The very fact that it took a private company to build the only proper CBD in Delhi shows how utterly useless local bodies are.


Biggest loser undoubtedly will be bangalore, even with the new "KWIN" city they've launched recently, thats still on paper. It has the highest office space consumption, and has no proper CBD.


Every fast growing city should be building new areas and create new satellite cities before it's too late.

 

[shade2]

A very disturbing read.

https://edition.cnn.com/2024/10/22/india/young-indians-chase-american-dream-intl-hnk-dst/index.html

People willing to take such risks speaks a great failure of Indian political class to generate meaningful employment. These young men have barely any education. Blue color work is looked down upon. What exactly is the future for such young men?

They are taking SuCH RiSKs to be in a first world country, even if it's working as a gas station attendant or taxi driver, then they brag about it to their friends or relatives who then also want to go.

It is not because ThErE ArE No JoBs, it's because these people want to go to America for the glamour or for earning in USD or both

If they were skilled they would take the legal route, these are uneducated or dumb-dumbs who would never make it anyway in a white collar job, and blue collar work is below their "caste pride" so they sell their parent's farmland to fund their trip.

Remember their lives will be infinitely shittier in America as an illegales immigrante than whatever bum-ass life they had in India but atleast I'M IN AMERICA HAHAHAH

if democrats were not losing votes because of this illegal immigration issue, CNN would have put a positive spin on this story using phrases like "murican dream", "land of the free" blah blah.

murican softpower invited these young men to come, now murican softpower is sowing doubts in potential immigrant to prevent them from coming. i won't be surpised if we find later, illegal immigration dropped both in their northern border and the south is because, voting date to so close that democrats can't make voter IDs for these immigrants anymore.

Indians don't have to guilt trip themselves on this.

Not really. They are taking potshots at the incumbent Indian govt (read Modi) only. Gloomberg too published a few articles on it iirc.


They do not want to guilt trip random Indians on it. Their target is the gormint (who, they 'think', are failing India's 'educated youth').

Truth be told, you can never generate enough employment in India. Chinkus succeded to an extent but had to be content with some devastating trade-offs. Whether those trade-offs were worth it might be a matter of contention but you just cannot replicate their 'success' in 2024 - there will probably never be another Asian (or African) tiger; the pre GFC era lolbert utopia is gone.

We do lose out on some exceptionally talented folks (a tiny minority among the Indian immigrants) but that is about it. It does not make sense to do rr on 'muh brain drain'. As far as these 'illegals' are concerned I don't think even the columnists have a clue (Uncle Sam himself cannot provide the stats, haha) so no point speculating over it.

It's to sync with congi narrative of "Under Mudi, No JoBs iN InDiA Saaar!!!!"

 

[AYoungBrotchen]

It has little to do with meaningful employment, but the wage differential that exists b/w a $80k per capita country and a $2.5k per capita country. Life is all about

They are taking SuCH RiSKs to be in a first world country, even if it's working as a gas station attendant or taxi driver, then they brag about it to their friends or relatives who then also want to go.

It is not because ThErE ArE No JoBs, it's because these people want to go to America for the glamour or for earning in USD or both

If they were skilled they would take the legal route, these are uneducated or dumb-dumbs who would never make it anyway in a white collar job, and blue collar work is below their "caste pride" so they sell their parent's farmland to fund their trip.

Remember their lives will be infinitely shittier in America as an illegales immigrante than whatever bum-ass life they had in India but atleast I'M IN AMERICA HAHAHAH





It's to sync with congi narrative of "Under Mudi, No JoBs iN InDiA Saaar!!!!"

You're probably right. I'm not familiar with Jaat culture. Would you also say this might be a major reason why Haryana has 45% unemployment rate amongst people aged 15-24? That state has a few big, good cities like Gurgaon and major part in NCR. Doesn't make sense that it should have such high unemployment numbers for the youth.

 

[Nutcracker]

A very disturbing read.

https://edition.cnn.com/2024/10/22/india/young-indians-chase-american-dream-intl-hnk-dst/index.html

People willing to take such risks speaks a great failure of Indian political class to generate meaningful employment. These young men have barely any education. Blue color work is looked down upon. What exactly is the future for such young men?

It has more to do with Biden-Haris's border policy. Otherwise Ching Chong with 4-5x of our GDP percapita won't be flocking.

Chinese risk perilous journey in search of ‘freedom’ in the United States

Thousands of middle-class Chinese are trekking thousands of kilometres through the Americas to the southern US border.

www.aljazeera.com

Chinese Illegal Border Crossings Spike by 7,000 Percent. Only China Knows Why

The problem with unaddressed crises is that they tend to metastasize. New crises develop within the chaos of the former, and the vicious cycle continues. President Joe Biden’s border crisis has created several other crises, but one issue stands out among the rest. The number of Chinese nationals...

www.hudson.org

Chinese migrants flock to U.S.-Mexico border on economic pressures

Their encounters with American authorities jumped 10-fold in 2023

asia.nikkei.com

 

[crazywithmath]

You're probably right. I'm not familiar with Jaat culture. Would you also say this might be a major reason why Haryana has 45% unemployment rate amongst people aged 15-24? That state has a few big, good cities like Gurgaon and major part in NCR. Doesn't make sense that it should have such high unemployment numbers for the youth.

Haryana is a rich and industrialized state. The 'unemployed' folks do not want to do blue collar jobs and are willing to wait for 'better' opportunities.

 

[shade2]

You're probably right. I'm not familiar with Jaat culture. Would you also say this might be a major reason why Haryana has 45% unemployment rate amongst people aged 15-24? That state has a few big, good cities like Gurgaon and major part in NCR. Doesn't make sense that it should have such high unemployment numbers for the youth.

It was/is a very productive agrarian state also, Unemployed guys have to much pride to do inferior jobs like blue collar factory work, they are too lazy and Low IQ to work in the IT sector in Gurgaon.

Once again it's a matter of goals and priorities, for these people getting to America or any other anglo-saxon 1st world paradise is everything for status and flexing reasons because their friends circle and relatives promote this.

It's not Haryana or Jaat exclusive, Telugus from AP/Telangana have a similar keeda of getting to America, including actual village elites who have never been to Hyderabad for all you know

There are also Gujarati who do this America tripping, same deal where they sell their business or land.

Anyway i view it as a good colonialism exercise, the GoI views it as a good way to get remittances and forex, and Western liberal political parties see it as a way to get new captive voting blocs, win-win situation for everyone

 

[RocketMan]

They are taking SuCH RiSKs to be in a first world country, even if it's working as a gas station attendant or taxi driver, then they brag about it to their friends or relatives who then also want to go.

It is not because ThErE ArE No JoBs, it's because these people want to go to America for the glamour or for earning in USD or both

If they were skilled they would take the legal route, these are uneducated or dumb-dumbs who would never make it anyway in a white collar job, and blue collar work is below their "caste pride" so they sell their parent's farmland to fund their trip.

Remember their lives will be infinitely shittier in America as an illegales immigrante than whatever bum-ass life they had in India but atleast I'M IN AMERICA HAHAHAH





It's to sync with congi narrative of "Under Mudi, No JoBs iN InDiA Saaar!!!!"

Why don't these morons sell their ancestral farmland & invest in debt , stocks & some budding businesses etc while working any simple job . Why spend crores on Americunt Dunki dream to be a wage slave & die in the gutter ? Based on PPP cost of living in India is way less than any GAE city . Our economy is growing & will continue to grow for decades , why not invest in that rather than sinking shithole country of West (especially Canada , the second home of Khalistanis).

 

[angryindian]

They are taking SuCH RiSKs to be in a first world country, even if it's working as a gas station attendant or taxi driver, then they brag about it to their friends or relatives who then also want to go.

It is not because ThErE ArE No JoBs, it's because these people want to go to America for the glamour or for earning in USD or both

If they were skilled they would take the legal route, these are uneducated or dumb-dumbs who would never make it anyway in a white collar job, and blue collar work is below their "caste pride" so they sell their parent's farmland to fund their trip.

While some may choose to take the Dunki route because of being influenced by social media, not everyone does it for the glamour. There are some serious reasons why people do it despite knowing the risks associated with it.

Whether you accept it or not, there is a paucity of jobs in India. We have not been able to create enough jobs for the population. On top of that majority of jobs pay remuneration that is simply not enough to keep up with the current living expenses.

Blue-collar jobs are often extremely low-paying, physically highly laborious, and risky, and therefore have become unattractive to youngsters. An Indian trucker is paid, on average, only 20,000-25,000 rupees a month for driving 11-12 hours a day on treacherous terrain in rickety trucks, whereas a US trucker easily earns more than $7,000 a month for driving only 8 hours a day.

A plumber/electrician/welder in India makes less than Rs 25,000 a month on average whereas their counterparts in the US can easily make more than 80,000 USD.

 

[shade2]

While some may choose to take the Dunki route because of being influenced by social media, not everyone does it for the glamour. There are some serious reasons why people do it despite knowing the risks associated with it.

Whether you accept it or not, there is a paucity of jobs in India. We have not been able to create enough jobs for the population. On top of that majority of jobs pay remuneration that is simply not enough to keep up with the current living expenses.

Blue-collar jobs are often extremely low-paying, physically highly laborious, and risky, and therefore have become unattractive to youngsters. An Indian trucker is paid, on average, only 20,000-25,000 rupees a month for driving 11-12 hours a day on treacherous terrain in rickety trucks, whereas a US trucker easily earns more than $7,000 a month for driving only 8 hours a day.

A plumber/electrician/welder in India makes less than Rs 25,000 a month on average whereas their counterparts in the US can easily make more than 80,000 USD.

Brozzer you can go to the Gelf then, living conditions may be shit if you're a poor guy and working manual labor and blue collar stuff, but you don't have to trek through kms of Central American rainforest and Mexican desert by Cartel walas only to fall off The Wall and end up like a red stain on the ground, like i read about the male half of a Gujju couple.

These Dunki folks pay like 1 cr or more just for the privilege of doing the aforementioned

And the Gelf also isn't that bad if you're going through the legal and white-collar job route, except the work is very harsh, they expect you to do overtime and all, it's a hard grind and you will make lots of money but not this dunki bs.

TLDR is people go the Dunki route because GORA COUNTRY!!!!! and citizenship in aforementioned country not because muh jaaabs saaar, muh paay shit saar! like Gora media likes to portray.

 

[SlayingHell]

While some may choose to take the Dunki route because of being influenced by social media, not everyone does it for the glamour. There are some serious reasons why people do it despite knowing the risks associated with it.

Whether you accept it or not, there is a paucity of jobs in India. We have not been able to create enough jobs for the population. On top of that majority of jobs pay remuneration that is simply not enough to keep up with the current living expenses.

Blue-collar jobs are often extremely low-paying, physically highly laborious, and risky, and therefore have become unattractive to youngsters. An Indian trucker is paid, on average, only 20,000-25,000 rupees a month for driving 11-12 hours a day on treacherous terrain in rickety trucks, whereas a US trucker easily earns more than $7,000 a month for driving only 8 hours a day.

A plumber/electrician/welder in India makes less than Rs 25,000 a month on average whereas their counterparts in the US can easily make more than 80,000 USD.

Well as Telugu guy whose state sees highest migration rates to West, I can say salary part is second. Its all comes to bragging status.

As for Blue-Collar Employment part, the reason salaries are low because our Middle Class is a smaller in percentage than West. Many families are poor here and can't afford to pay proper wages to those Blue Collar Workers- this is for sectors like Plumbers, Electricians etc. Where as in Corporate Blue Collar work, we have abundance of people- there is always a person who is willing do the work for 10,000 rs. Why would our baniya class then gonna pay 25,000 rs then?