Indian Economy

[FalconSlayers]

Services exports are now much higher than goods exports. With goods exports declining. Holy crap.

 

[SKC]

Services exports are now much higher than goods exports. With goods exports declining. Holy crap.
View attachment 25477

Earn money from whatever way possible. I don't like to claim doom on every such news.

 

[FalconSlayers]

Earn money from whatever way possible. I don't like to claim doom on every such news.

Well it indeed is concerning since non-petroleum and gems imports are rising much faster, indicating that our industries are not being able to substitute imports of components and finished products.

 

[TopWatcher]

India now manufactures CT, MRI, dialysis machines under PLI schemes - ET Manufacturing

Make-in-India: According to Aggarwal, these devices are being manufactured under the Production Linked Incentive.

manufacturing.economictimes.indiatimes.com

ANy idea which companies making in India ??

 

[Blademaster]

Services exports are now much higher than goods exports. With goods exports declining. Holy crap.
View attachment 25477

See if the increase is actually from oil imports and decrease is from declining value of oil products.

 

[SKC]

India now manufactures CT, MRI, dialysis machines under PLI schemes - ET Manufacturing

Make-in-India: According to Aggarwal, these devices are being manufactured under the Production Linked Incentive.

manufacturing.economictimes.indiatimes.com

ANy idea which companies making in India ??

Not sure who is doing this in India but Samsung is one big player in this sector making all sorts of Medical machines like MRI, Ultrasound, etc.
They have plants in India already so might be manufacturing or assembling these here.​

 

[SKC]

Well it indeed is concerning since non-petroleum and gems imports are rising much faster, indicating that our industries are not being able to substitute imports of components and finished products.
View attachment 25480

Should not be an issues if we are buying components or preprocessed raw materials and using them to make final/finished products.​

 

[crazywithmath]

Services exports are now much higher than goods exports. With goods exports declining. Holy crap.
View attachment 25477

Possibly because crude pricings have been stagnant for quite a while (a significant % of our exports are still petroleum products). We had similar data a few months back too. How are the cumulative 10 month figures looking up?

Well it indeed is concerning since non-petroleum and gems imports are rising much faster, indicating that our industries are not being able to substitute imports of components and finished products.
View attachment 25480

Okay, so it is almost entirely explainable by the crude oil prices.

 

[Psacha123]

Modi went out of the way to receive him at the Airport and calls him ‘brother’.
A courtesy that he extended only to MBZ.

Gets $10bn investment. While it is a significant money, I hope they also negotiated a fresh realignment in ties that involves less interference.

Also I wonder why Indian muzzies are unhappy even with good ties with Arabs


View: https://x.com/narendramodi/status/1891505656047235330?s=46

View: https://x.com/indiantechguide/status/1891872897762828489?s=46

 

[FalconSlayers]

Gets $10bn investment.

Agreed to sell additional $10 billion worth of Indian assets to qataris.

 

[karn]

Aurobindo Pharma to commence supplies to Europe from China plant in April - ET Manufacturing

Aurobindo Pharma will start supplying products from its new China facility to Europe by April 2024. The company is ramping up production after receiving European regulatory approvals. Plans to enter the US market are also in progress. Aurobindo expects significant revenue growth from this...

manufacturing.economictimes.indiatimes.com

So it looks like our pharma cos are opening plans in china

 

[crazywithmath]

Aurobindo Pharma to commence supplies to Europe from China plant in April - ET Manufacturing

Aurobindo Pharma will start supplying products from its new China facility to Europe by April 2024. The company is ramping up production after receiving European regulatory approvals. Plans to enter the US market are also in progress. Aurobindo expects significant revenue growth from this...

manufacturing.economictimes.indiatimes.com

So it looks like our pharma cos are opening plans in china

How do you even find articles like these, bruh! Now wait for the meltdowns...

 

[Suryavanshi]

Crazywithmath isn't even done dealing with one blackpill while dfb wallahs hit him with another.

Truly the struggle of life

 

[FalconSlayers]

Aurobindo Pharma to commence supplies to Europe from China plant in April - ET Manufacturing

Aurobindo Pharma will start supplying products from its new China facility to Europe by April 2024. The company is ramping up production after receiving European regulatory approvals. Plans to enter the US market are also in progress. Aurobindo expects significant revenue growth from this...

manufacturing.economictimes.indiatimes.com

So it looks like our pharma cos are opening plans in china

Fake in India going on strong

 

[eastern_bhartiya]

https://www.business-standard.com/economy/news/india-smartphone-exports-pli-scheme-foxconn-iphone-ashwini-vaishnaw-125021700193_1.html

Do y'all remember how much FUD was pushed back in the days when these manufacturing were starting, misleading and blatant fake news about Indian made Apple models being bad, 50% of them having defects ( which was actually a equipment test not production issue) and a bunch of protests started by commies and amplified by ccp funded media.

let's hope these workers can use their knowledge eventually in domestic sectors. plus further increase in manufacturing of other consumer electronics like washing machines, ovens, AC, farming equipment would be nice.

 

[karn]

How do you even find articles like these, bruh! Now wait for the meltdowns...

It was in the more in life sciences section below that article about CT scanners being made here.It caught my eye. Dhandhos can make money from any angle.

 

[eastern_bhartiya]

It was in the more in life sciences section below that article about CT scanners being made here.It caught my eye. Dhandhos can make money from any angle.

they kinda have to, made-in-india is good and all, I can't get too angry on them for importing from chinks, I needed a arduino card for my college project and its all Chinese stuff, our EEE faculty gave us kaali goli on state of electronics manufacturing in this country, where they had to create some robotics stuff for a primary school in the area and not even small part were made in India.

what it means is china has a large monopoly on components market, if you want to make anything you need Chinese stuff. you check it right now, try to find where your laptop's charger was made or printing head of your printer, battery of your torch, transformer of your oven, its all Chinese or Vietnamese ( which is just Chinese by proxy).

 

[FalconSlayers]

Serious countries meanwhile

https://www.bloomberg.com/news/articles/2025-02-18/vietnam-parliament-approves-government-reform-to-spur-growth

 

[eastern_bhartiya]

Serious countries meanwhile

https://www.bloomberg.com/news/articles/2025-02-18/vietnam-parliament-approves-government-reform-to-spur-growth

these kind of cut in govt jobs news aren't always fully true, especially in countries like Vietnam where alot of these govt workers are simply have very minor association with govt, they're mostly hired for political reason and then get fired, within 2-3 year they will get hired again.

 

[SKC]

Fake in India going on strong
View attachment 25517

I don't know what's the problem with this you guys have?
Do you want people to do nothing and shut all activities. Isn't it similar to Apple designing inhouse but taking help from OEM in China to produce the actual material.

Keep making fun of Make in India program without realizing the meaning of the program.​