Indian Economy

That means we need to raise tariffs against Chinese goods and APIs and find a way to lower the cost of productions of APIs in India by making larger bulk orders.

Some of the problems with API's include need a lot of water and produce a lot of waste. Right now it's also about the capacity as well.

This is not some thing that can fixed in the short term or near term. It will need lot of capital, resources and technology for prolonged period to become competitive with Chinese ones.

Raising tariffs will hurt Indian pharma, immensely.
 
I don't think shrinking goods trade is a good thing at all.
Falling petroleum prices. Non petroleum export growth is more than decent.

Some of it is due to falling price of Oil, but even adjusting for that, if you see the full report, merchandise exports are flat.

Patently false. We were having this exact discussion about a month back, non petroleum exports were growing at impressive pace FYTD (till January, 2025). Yet to analyze February data but one month should not alter the trend too much.
 
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Stats for Non-petroleum , non-gems
Screenshot_20250318_134346_Brave.webp
 
I
is there any truth in this or fear mongering?


I wouldn't take an economy piece from a generalist paper, that seriously. If there are layoffs happening due to A.I then it would become clear after like 1-2 quarters, it feels like just regular layoffs that happen periodically and everyone freaks-out.

Although bangalore itself might be losing some IT investment to places like Hyderabad and Gurgaon.
 

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