Those that are smart enough for these companies are probably smart enough to know they can earn way more in Western countries.
Indian Economics Thread II
- Thread starter NiuBiDaRen
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Is anyone else following India's steel output? India's steel output in 2022 was roughly 120 million metric tons, which is similar to China's steel output in 2000 (129 million metric tons). By 2006, China's steel output had risen to 421 million metric tons. If India can pull off a similar feat, I'll start truly believing in the country. The 2020s will be an interesting decade. Many in India seem to be convinced that India is following the trajectory that China followed in the 2000s.
Tell that nugget of FACT to the never ending Indian pom pom supporter on this forum that no so long ago was heaping praise to Russia, then Germany, then Turkey, Arab now India.
A country that relies on 10 million of it's population for the 50% of its revenue is insane. Yet, we have countless people that keeps barking up the Indian economic miracle like it's arrived already. I too wants Indian economy to grow to benefit the people of that country's lives and maybe in the course of Indian economic development it's persistent insecurities against China will be lessened (perhaps a tall task) and will bring forth to India an actual confidence and not misplaced arrogance that's loudly being parroted by its media pushed and egged by the West.
PiSigma
"the engineer"
The Indian miracle is real. The fact that 100 million people that does all the work can get India to where it is now is a miracle. The other 1.3 billion free loaders is actually slowing down or hindering that growth. This just shows how productive those 100 million people are. If all 1.4 billion is as productive as the top 100 million, then India would be a force.
China is literally using 50% of population to get to where we are now, and still trying to get more rural under educated people into the modern economy.
I have worked with some amazingly talented Indian engineers and some pretty bad scam level ones. They really need to get education up at the grassroot level like China if they want to catch up.
So what you're trying to tell me is that China will have India to thank for undermining the Western world order into total oblivion?
Cisco to Manufacture in India as it Targets over $1 Billion in Combined Exports and Domestic Production
- New manufacturing operation to support the growing demand from customers in India as well as globally and to further strengthen and diversify Cisco’s supply chain.
- Cisco aims to drive over $1 billion in combined exports and domestic production over the next few years.
proelite
Junior Member
I am looking at GDP growth rates, and China's growth rate in the 2000s was routinely above 10%. In comparison right now, India's hovering around 6-7%. So not exactly in the same trajectory. If they can sustain 6-7% for 50 more years, that'll be impressive.
antiterror13
Brigadier
Also in 2000s Chinese Yuan kept increasing against USD .. how about Rupee ?
That dude is a white supremacist though. In these same threads he also blames Chinese for "taking over" Sun Microsystems and HP then "ruining it".
Are you talking about pmc? He is a low quality shitposter, just add to ignore list.
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