Indian Economy

[IndiaRising]

Will India be a 6 trillion economy by 2030? With the way rupee is falling and growth consistently around 6.5-7 percent, I’m not too optimistic. Even now, we haven’t reached 4 trillion.

 

[FalconSlayers]

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.​

Apple designs it's own stuff, and it's an electronics device. While the above like much of the "make in India" startups are outsourcing design to chinese firms and then screwdrivering here while claiming "developed and built in India". Entire Indian drone industry for example does this only. Sorry, but this doesn't need to be normalised.

Will India be a 6 trillion economy by 2030? With the way rupee is falling and growth consistently around 6.5-7 percent, I’m not too optimistic. Even now, we haven’t reached 4 trillion.

It will likely not. $5 trillion by 2030 seems more realistic.

 

[SKC]

Apple designs it's own stuff, and it's an electronics device. They like much of ther "make in India" startups are outsourcing design to chinese firms and then screwdrivering here while claiming "developed and built in India". Entire Indian drone industry for example does this only. Sorry, but this doesn't need to be normalised.

It will likely not. $5 trillion by 2030 seems more realistic.

They outsource stuff because they have to. You simply don't have the know how or the scale and machinery to produce certain stuff in India and you have to go to China for these things.

You want to develop this capability in India, fine go ahead and spend Billions of $$ and 10-15 years. Meanwhile some chinese company will introduce the product in market and take away the market share while you keep building the capability here.​

 

[SKC]

Apple designs it's own stuff, and it's an electronics device. While the above like much of the "make in India" startups are outsourcing design to chinese firms and then screwdrivering here while claiming "developed and built in India". Entire Indian drone industry for example does this only. Sorry, but this doesn't need to be normalised.

It will likely not. $5 trillion by 2030 seems more realistic.

Make in India programs wants companies from around the world to come here and produce their products here.

But you don't even want that and make fun of it. You want them to first complete design their existing products in India and source not 5%, 10%, 20%, 50% but all 100% components here only.

Dude this is not how things work, and this is not how India is going to be a manufacturing center of the world.

You don't want to take even the first step of letting the company's setup their base here and then increase the share of Indian components in stages.

You don't want to spend the decades China spent on letting these companies grow there. But you want to become what China is today in one go.​

 

[Miss Firing]

Record ₹1,50,000 crore in mobile exports in January FY25

India's mobile phone exports soar past ₹25,000 crore in January 2025, driven by PLI scheme, aiming for $500 billion target.

www.thehindubusinessline.com

 

[Migflug]

Make in India programs wants companies from around the world to come here and produce their products here.

But you don't even want that and make fun of it. You want them to first complete design their existing products in India and source not 5%, 10%, 20%, 50% but all 100% components here only.

Dude this is not how things work, and this is not how India is going to be a manufacturing center of the world.

You don't want to take even the first step of letting the company's setup their base here and then increase the share of Indian components in stages.

You don't want to spend the decades China spent on letting these companies grow there. But you want to become what China is today in one go.​

In the first few steps, Indian cos can definitely take the help of Chinese manufacturing prowess, but over time it must be indigenized and made completely in India, just like Tejas (but with more Indigenous components)

 

[eastern_bhartiya]

Will India be a 6 trillion economy by 2030? With the way rupee is falling and growth consistently around 6.5-7 percent, I’m not too optimistic. Even now, we haven’t reached 4 trillion.

Rupee falls according to dollar strength, we aren't experiencing hyper inflation. It will be around 6 trl.
Rupee hasn't even fallen enough

 

[Ultraman]

They outsource stuff because they have to. You simply don't have the know how or the scale and machinery to produce certain stuff in India and you have to go to China for these things.

You want to develop this capability in India, fine go ahead and spend Billions of $$ and 10-15 years. Meanwhile some chinese company will introduce the product in market and take away the market share while you keep building the capability here.​

fair point . i think the motor guy is doing licensed production of a chinese product. which is still far better than importing whole thing made in china.

people are mocking that ceo guy because dude says made in india and then posts a video of a chinese woman showing off the motor . i dont think this guy even has 1 unit in his hand .

 

[ezsasa]

fair point . i think the motor guy is doing licensed production of a chinese product. which is still far better than importing whole thing made in china.

people are mocking that ceo guy because dude says made in india and then posts a video of a chinese woman showing off the motor . i dont think this guy even has 1 unit in his hand .

"licensed production" is a big word for this, it's a mixer grinder motor. the guy's company makes mixer grinder under brand name blaaze.

could be a simple case of convenience since he is based out of HK.


View: https://youtu.be/nVzP_pt1Bjw

 

[haldilal]

Ya'll Nibbiars Tesla will be a Premium product in India. It's a CKD plant and Model Y, 50 Lakhs, Model 2 50 lakhs, Model 3 60 lakhs., Cybertruck, 70 Lakh onwards, Model S 70 Lakh, Model X, 1 Crore.


View: https://x.com/abhirammodak/status/1892137329730470018

 

[sauntheninja]

View attachment 25534

Record ₹1,50,000 crore in mobile exports in January FY25

India's mobile phone exports soar past ₹25,000 crore in January 2025, driven by PLI scheme, aiming for $500 billion target.

www.thehindubusinessline.com

We haven't been able to increase other sectors exports quite like mobile exports.

For the government they can keep lauding themselves over mobile exports while other sectors languish

 

[Cheepek]

View: https://x.com/zerodhamarkets/status/1891831873170776345?t=onlvhdjQRdhLym9uBe-yUA&s=19

 

[Ultraman]

"licensed production" is a big word for this, it's a mixer grinder motor. the guy's company makes mixer grinder under brand name blaaze.

could be a simple case of convenience since he is based out of HK.


View: https://youtu.be/nVzP_pt1Bjw

View: https://x.com/prakdadlani/status/1891733675919712480

ceo says motor was "designed and developed" in China with their "input data"

i think its best to not take these guys seriously.

 

[eastern_bhartiya]

View: https://x.com/prakdadlani/status/1891733675919712480

ceo says motor was "designed and developed" in China with their "input data"

i think its best to not take these guys seriously.

That means, they told chinese guys what specifications of that motor would be and they made it. "Input data" is a fancy statement for this.

This is the best case scenario btw, he could have just imported chinese stuff and trying to save face here

 

[eastern_bhartiya]

We haven't been able to increase other sectors exports quite like mobile exports.

For the government they can keep lauding themselves over mobile exports while other sectors languish

Takes time, plus Mid-tier electronics have severe chinese monopoly, which is pretty hard to break. In the globalised world you will always have something you will need to import.

 

[Cheepek]

View: https://x.com/prakdadlani/status/1891733675919712480

ceo says motor was "designed and developed" in China with their "input data"

i think its best to not take these guys seriously.

The video in the tweet also seems to be a product video that Chinese manufacturers send to potential customers

 

[Suryavanshi]

View: https://x.com/prakdadlani/status/1891733675919712480

ceo says motor was "designed and developed" in China with their "input data"

i think its best to not take these guys seriously.

Expecting too much from them, pehle mosfet market capture kar le.

 

[sameer]

View: https://x.com/prakdadlani/status/1891733675919712480

ceo says motor was "designed and developed" in China with their "input data"

i think its best to not take these guys seriously.

Well, at least he's being honest about it unlike that Micromax guy who used to boast about "aao cheeni kare kum" and then just put 'Made in India stickers' over the 'Made in China' label or just remove/black out that made in china label altogether.

100% manufacturing it in India in the beginning is very difficult. It will just raise the cost of the product. Over a period of time more parts can be indigenized as the ecosystem develops.

 

[crazywithmath]

Ya'll Nibbiars Tesla will be a Premium product in India. It's a CKD plant and Model Y, 50 Lakhs, Model 2 50 lakhs, Model 3 60 lakhs., Cybertruck, 70 Lakh onwards, Model S 70 Lakh, Model X, 1 Crore.


View: https://x.com/abhirammodak/status/1892137329730470018

Haldi, Elmo and Orange Man are still super salty over our import tariffs. Do not take these drip drip media leaks seriously just yet;

Trade war 2.0 loading!

India will not be spared from reciprocal tariffs, says Trump; shares PM Modi reaction

Donald Trump reiterated his stance on reciprocal tariffs, telling PM Modi that India will face equal U.S. tariffs on its exports. He emphasized that no country can argue with his approach. Musk confirmed Indias 100% auto import duty.

economictimes.indiatimes.com

Trump thinks it would be 'very unfair' if Elon Musk opened up a Tesla factory in India

Donald Trump criticized Teslas potential factory in India as “very unfair” during an interview with Elon Musk, citing high import tariffs. Musk confirmed India's 100% tariff on U.S. auto imports. Tesla has begun hiring in India, raising speculation about its market entry.

economictimes.indiatimes.com

Tldr: Modi willing to yield certain concessions on Harley Davidson bikes - nothing on teslashit! Orange man goes on a full meltdown and Elmo backs him up - thinks bullying him into manufacturing in India is 'totally unfair'.

Elmo is playing games with gormint. He wants to export cars at 5-10% duties. All these 'media leaks' (based on unnamed sources) claiming they would launch $ 25k cars do not mean a thing. He is still bargaining - all this is pressure politics.

Reason why I kept saying that Trump 2.0 would be catastrophic for us.

 

[eastern_bhartiya]

Well, at least he's being honest about it unlike that Micromax guy who used to boast about "aao cheeni kare kum" and then just put 'Made in India stickers' over the 'Made in China' label or just remove/black out that made in china label altogether.

100% manufacturing it in India in the beginning is very difficult. It will just raise the cost of the product. Over a period of time more parts can be indigenized as the ecosystem develops.

View attachment 25576

Yep, stoping chinese made components rn, will add a huge production cost for a lot of product based indian firms and startups, it's unfortunate that india doesn't manufacture thess but things are changing.