Indian Economics Thread II

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Bellum_Romanum

Bellum_Romanum

Brigadier
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Bellum_Romanum said:
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INDIA'S service sector - Call CENTERS - workers ought to resigned themselves with the increasing demand for automation and disruption with their industry. How is that going to sustain and provide jobs to many young Indians who were focused on service led sector economies rather than manufacturing? And why is this topic not being given its due attention in government and the private sectors of Bharat? Instead, the country has been hyping itself too much aided by the pom poms from their fake friends of the west.
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I guess, this tweet provides the answer to my question.

https://twitter.com/i/web/status/1709632321920307452
 
Lethe

Lethe

Captain
On the subject of Indian and Chinese automotive exports...

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Conclusion:
The value of the Scorpio is far and away its strongest asset, and Mahindra has come to the market with a properly competitive drive-away price to entice buyers into consideration. It's the cheaper option of this duo, and gives Australian buyers a credible brand-new option for much less than $50,000. However, it has been comfortably beaten in this comparison by the more expensive Tank 300. Aside from having a thirstier powertrain, the GWM proved to be better on-road, better off-road, safer, and with a better executed, more practical interior.
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I rarely encounter direct comparisons between Indian and Chinese vehicles so I thought folks might find this one interesting.
 
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martinwagner

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Lethe said:
The silly thing is that India does actually produce more vehicles than most other major manufacturing countries such as Germany and South Korea, and production will surely only increase going forward. It should be simple enough to paint a narrative of ongoing growth and development to warm the hearts of nationalist types. But no, instead ministers have to come out with ridiculous claims like this one.

Top 10 Countries by 2022 Vehicle Production:

China 27,020,615
United States 10,060,339
Japan 7,835,519
India 5,456,857
South Korea 3,757,049
Germany 3,677,820
Mexico 3,509,072
Brazil 2,369,769
Spain 2,219,462
Thailand 1,883,515
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I suppose India can turn the dial and produce 30,000,000 motorized rickshaws and claim the title of worlds #1 automaker
 
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