Indian Economy (13 Viewers)

[ArjunMK1A]

And the more they do things like this the more a fire is lit under the collective asses of govt, babooze, domestic dhandhos and foreign investor dhandhos to decouple from Chinese supply chains in the long term.

It's like how they started deporting Kanglus after Chunus was installed and how it has increased after Op Sindoor.

They are doing in multiple ways. Not allowing skill transfer, eg. Foxconn engineer recall, exide battery plant engineer recall. Along with raw material bans.

Salty mofos.

 

[Ajayant Tripathi]

They are doing in multiple ways. Not allowing skill transfer, eg. Foxconn engineer recall, exide battery plant engineer recall. Along with raw material bans.

Salty mofos.

Atleast Dhando got a reality check. I don't understand why exide still relies on chinese?? They are in battery business for far long. Should have gradually stepped up R&D.
They all are doing margin maxxing. I am actually thankful to those chinese for giving them a reality check.

 

[shade2]

Atleast Dhando got a reality check. I don't understand why exide still relies on chinese?? They are in battery business for far long. Should have gradually stepped up R&D.
They all are doing margin maxxing. I am actually thankful to those chinese for giving them a reality check.

Our guys are the most religious followers of capitalism that's why
Minimum Investment, minimum opex, maximum profit.

 

[SKC]

when we combine what's being reported recently:

- companies are preferring to stock cash
- companies are in low debt to equity ratio
- GST collection growth slowed down
- RBI repo rate cut by 1% this calendar year

- US trade deal under negotiation
- EU trade deal under negotiation
- orange man throwing trade tantrums daily

perhaps consumer sales trends for last quarter will give a better picture, any reports available on this?

Companies are not passing the benefits to their employees with salary increases stagnating at a minimal 1-5% over the past 4-5 years. Consumers are only earning enough to cover basic expenses and maintain a modest standard of living. Purchasing power is constrained, and consumer spending has remained sluggish for the past year.
Although inflation has recently eased to 2.8%, it remained above 6% for an extended period, significantly affecting the prices of a wide range of items.​

 

[SKC]

Please add a slowing PV market segment.
PV Dispatches by OEM: June 24 3,39,418 vs 3,17,757 in June 25. An effective decline in dispatches by OEMs.

Now, Consider PV registerations data by by FADA
June 2024: 2,90,593 vs 2,97,722 in June 2025.

PV market segment has stagnated. Its no surprise than Creta, Thar, Scorpio, are entering the top 10 list. The gap says it all.

The situation is likely to worsen further. Car manufacturers continue to hike prices by 1–2% annually, while there is no indication of tax relief from the government. As of 2025, the average price of a new car in India has crossed ₹11 lakh.

Hatchbacks, which once dominated the list of top 20 best-selling cars each month, have nearly vanished from the charts — with only one or two models making the cut today. The shift toward more expensive SUVs and premium vehicles has further widened the affordability gap for middle-class consumers.

At some point, ministers and babus need to sit down together and must seriously re-evaluate the idiotic and inefficient auto taxation structure in the country.​

 

[Ajayant Tripathi]

Companies are not passing the benefits to their employees with salary increases stagnating at a minimal 1-5% over the past 4-5 years. Consumers are only earning enough to cover basic expenses and maintain a modest standard of living. Purchasing power is constrained, and consumer spending has remained sluggish for the past year.
Although inflation has recently eased to 2.8%, it remained above 6% for an extended period, significantly affecting the prices of a wide range of items.​

I suspect households are mostly squeezed by EMI burden from overly expensive Real Estate and high school fees while the wages are stagnant.
Even in hinterland cities housing prices are around Rs 1 Crore. Its too expensive compared to our wages.

Its the big ticket spending which is suffering now. Its also leading to jobless growth. The real slowdown is in jobs market. Only way we can stimulate is by increasing economic activity. Shifting the focus from few megapolis to middle towns and cities.

 

[SKC]

I suspect households are mostly squeezed by EMI burden from overly expensive Real Estate and high school fees while the wages are stagnant.
Even in hinterland cities housing prices are around Rs 1 Crore. Its too expensive compared to our wages.

Its the big ticket spending which is suffering now. Its also leading to jobless growth. The real slowdown is in jobs market. Only way we can stimulate is by increasing economic activity. Shifting the focus from few megapolis to middle towns and cities.

Owning a house flat or plot is almost out of reach from median population. No way without huge EMI one can purchase one. Wages have simply not kept pace with the surge in real estate prices.

In the area where I grew up, government/local Authority built flats ranged from ₹18,000 to ₹30,000, depending on the number of rooms and floor level. At the time, average monthly salaries ranged from ₹700–800 for basic roles to ₹2,000–3,000 for managerial positions.

Back then, one could afford a flat with just a year’s salary. Today, the same would cost anywhere between 5 to 15 years’ worth of earnings — a dramatic shift in affordability.

Many Boomers who bought land or homes in the 1980s and ’90s by living frugally now enjoy financial stability. Yet, they often criticize Millennials and Gen Z for financial struggles, failing to recognize the vastly different economic realities between their generation and today’s.​

 

[Ajayant Tripathi]

The situation is likely to worsen further. Car manufacturers continue to hike prices by 1–2% annually, while there is no indication of tax relief from the government. As of 2025, the average price of a new car in India has crossed ₹11 lakh.

Hatchbacks, which once dominated the list of top 20 best-selling cars each month, have nearly vanished from the charts — with only one or two models making the cut today. The shift toward more expensive SUVs and premium vehicles has further widened the affordability gap for middle-class consumers.

At some point, ministers and babus need to sit down together and must seriously re-evaluate the idiotic and inefficient auto taxation structure in the country.​

Exactly. Creta regularly tops the monthly top selling chart now. The divergence is clear. We are missing a segment of customers.

 

[eastern_bhartiya]

The situation is likely to worsen further. Car manufacturers continue to hike prices by 1–2% annually, while there is no indication of tax relief from the government. As of 2025, the average price of a new car in India has crossed ₹11 lakh.

Hatchbacks, which once dominated the list of top 20 best-selling cars each month, have nearly vanished from the charts — with only one or two models making the cut today. The shift toward more expensive SUVs and premium vehicles has further widened the affordability gap for middle-class consumers.

At some point, ministers and babus need to sit down together and must seriously re-evaluate the idiotic and inefficient auto taxation structure in the country.​

28% flat tax on cars, then additional cess based on stuff like size and engine, govt should drop that flat tax quite a bit , there is also the fact many tier-2,3 indian cities simply don't have car friendly infra, even something basic like houses with parking space.

 

[liberalredditor]

Exactly. Creta regularly tops the monthly top selling chart now. The divergence is clear. We are missing a segment of customers.

mostly people are now a days suvpaglus, lenge to suv hi, warna raub kaise banega? sedan se bhaukal thodi banta hai. the mindset of the buyer is screwed. no one is buying hatchbacks

 

[redpanda]

mostly people are now a days suvpaglus, lenge to suv hi, warna raub kaise banega? sedan se bhaukal thodi banta hai. the mindset of the buyer is screwed. no one is buying hatchbacks

There is this mindset that Sedan are not suitable for rugged condition of Indian road among some carpaglus. I'm being a carpaglu myself has seen this shift in thought process among my friends and colleagues happening over the years.

 

[Ajayant Tripathi]

28% flat tax on cars, then additional cess based on stuff like size and engine, govt should drop that flat tax quite a bit , there is also the fact many tier-2,3 indian cities simply don't have car friendly infra, even something basic like houses with parking space.

Sir, Check google street view of Tier 3 cities. Even a poor district Rewa, in MP have sufficient infra.
You are very wrong in this front. Its actually, big cities who are more congested than smaller cities. I can travel end to end in my Sedan from my city to my village, my relatives village and our farm fields. Full, all weather pavement.

 

[redpanda]

28% flat tax on cars, then additional cess based on stuff like size and engine, govt should drop that flat tax quite a bit , there is also the fact many tier-2,3 indian cities simply don't have car friendly infra, even something basic like houses with parking space.

Yeah there just too much taxes on car. This is why people are forced to buy two wheelers. Though, even there taxation structure isn't that great. You still have to pay road tax.

 

[liberalredditor]

There is this mindset that Sedan are not suitable for rugged condition of Indian road among some carpaglus. I'm being a carpaglu myself has seen this shift in thought process among my friends and colleagues happening over the years.

its not like suv have some mars rover suspension and ruggedness, hatchback and sedans also have good suspension. but major issue is with mentality of the people. back then people were not scared to buy swift, indica, alto, etc. but now if someone spends 6-7 lakhs from his hard earner money on a beautiful hatchback, he would be seen as if he is the most inferior man in the society. but if he buys a "micro suv" aka dabba, worth 8-9 lakh he would not be seen in this way.

 

[Ajayant Tripathi]

There is this mindset that Sedan are not suitable for rugged condition of Indian road among some carpaglus. I'm being a carpaglu myself has seen this shift in thought process among my friends and colleagues happening over the years.

GC of VW Sedan twins is more than sufficient. I have one and i take it eveywhere. I have never encountered any problem. Any road which needs more GC is not suitable for pseudo SUVs either. You than, must have a proper SUV.

 

[redpanda]

Companies are not passing the benefits to their employees with salary increases stagnating at a minimal 1-5% over the past 4-5 years. Consumers are only earning enough to cover basic expenses and maintain a modest standard of living. Purchasing power is constrained, and consumer spending has remained sluggish for the past year.
Although inflation has recently eased to 2.8%, it remained above 6% for an extended period, significantly affecting the prices of a wide range of items.​

Yes. Stagnant salary growth has been a persistent issue. The government often promises to ensure that Indian employees receive a living wage rather than just a minimum wage. But I don't understand how they actually plan to achieve this? Government decreasing corporate taxes assuming the companies would do it themselves has not produced any results.

 

[shade2]

Yes. Stagnant salary growth has been a persistent issue. The government often promises to ensure that Indian employees receive a living wage rather than just a minimum wage. But I don't understand how they actually plan to achieve this? Government decreasing corporate taxes assuming the companies would do it themselves has not produced any results.

Govt must channel it's inner Indira G for this purpose.

Suit boots have munched on enough carrots, time they get the stick too

 

[eastern_bhartiya]

Yes. Stagnant salary growth has been a persistent issue. The government often promises to ensure that Indian employees receive a living wage rather than just a minimum wage. But I don't understand how they actually plan to achieve this? Government decreasing corporate taxes assuming the companies would do it themselves has not produced any results.

Well then one option is you increase corpo tax and bring down personal tax even further, but I doubt this will get implemented. Govt must have been in talks with firms about it.

It sector has huge wgae supression issue, because every guy ever goes to it sector, they can simply site oversupply as reason for their wage stagnation and they not wrong.

Another point is a lot of income of a salaries person goes to main two places that is rent/house emi and school fees, later has gone crazy in few years, even schools in tier-3 are expensive af

 

[sauntheninja]

Well then one option is you increase corpo tax and bring down personal tax even further, but I doubt this will get implemented. Govt must have been in talks with firms about it.

It sector has huge wgae supression issue, because every guy ever goes to it sector, they can simply site oversupply as reason for their wage stagnation and they not wrong.

Another point is a lot of income of a salaries person goes to main two places that is rent/house emi and school fees, later has gone crazy in few years, even schools in tier-3 are expensive af

That's why at 2k per capita income you don't build a consumer economy you use exports and manufacturing to boost your earnings.

With the economy models we've had since independence we are going to get stuck here in this income level

 

[liberalredditor]

since 2018, witch firms have kept the salary stagnated at 3.36 lpa. this is criminal. they are ignoring inflation and expect employees to work for 50-60 hrs a week with 0 social life. only accenture is giving 4.5 lpa, this should be the minimum standard for salary for all it coolies. but witch lobby will not let this happen and instead will make the govt tweak labour laws to exploit it coolies even more