its due to external factor....coz other markets r facing recession nd low growth. if we dont face corona period nd recession in other big markets....we would reach to 5 trillion mark near 2025. now it will take 2026-27 to reach there.
He hasn't. It is the dollar outflow caused recently due to FPI pullout recently of $10bn or something.
IMF expects the INR to depreciate by 3-4% and has a habit of underestimating real growth. We will see what happens.
By eating the share of other countries. Increase the share in the pie if the pie isn't expanding. Being uncompetitive in exports isn't a recent phenomena for India Inc.
Almost all major exporters are finding it difficult to grow their exports. Global trade declined in 2023. Newcomers benefit from Goldiclocks economies - uncertain times and declining global trade favors incumbents only.
Why does Ireland has so much service export?Some interesting milestones largely ignored by people
We overtook Japan in annual investments to the economy.
View attachment 13038List of countries by gross fixed capital formation - Wikipedia
en.wikipedia.org
Although the numbers for certain countries is a bit off. India this year wiII be around $1.3 trillion.
We overtook china in services exports in FY2024
View attachment 13039List of countries by service exports - Wikipedia
Don't wanna prematurely claim, but we might become numa wan services exporter in a decade. By 2030 we'd likely be at numba 2 position.
He hasn't. It is the dollar outflow caused recently due to FPI pullout recently of $10bn or something.
Some interesting milestones largely ignored by people
We overtook Japan in annual investments to the economy.
View attachment 13038List of countries by gross fixed capital formation - Wikipedia
Although the numbers for certain countries is a bit off. India this year wiII be around $1.3 trillion.
We overtook china in services exports in FY2024
View attachment 13039List of countries by service exports - Wikipedia
Don't wanna prematurely claim, but we might become numa wan services exporter in a decade. By 2030 we'd likely be at numba 2 position.
He hasn't. It is the dollar outflow caused recently due to FPI pullout recently of $10bn or something.
www.oemupdate.com
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?
Bharat to import coal from the land of the Great Khan via Russia
India said to consider imports of Mongolian coking coal via Russia
India is exploring the import of Mongolian coking coal via Russia to reduce reliance on China, following disruptions in Australian supplies. The Mongolian coal is $50 cheaper per metric ton and offers superior quality. Indian consumption of coking coal heavily relies on imports, primarily from...
Earlier the lumber one supplier was Australia, but you never know when they will catch the Empty-Place terrorist disease
Do not read too much into these 'reports'. The GDP numbers will speak for themselves.IMF sees major manufacturing shift towards India & China
The IMF's latest World Economic Outlook report highlights significant shifts in global manufacturing towards emerging markets like India and China. It projects India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025 as pandemic-induced demand wanes.
India loses to rivals as US diverts trade from China, study says
India's manufacturing sector growth has not benefited much from the US-China trade war. Other Asian countries like Vietnam, Taiwan, and South Korea have gained more. Indias share in US imports increased slightly, but it continues to import many components from China. India's export strengths lie...
IMF and Oxford giving conflicting reports
