Indian Economics thread.

[pmc]

So India produces similar amounts of power to Japan, but have 12x more people. Therefore, have 12x less industry or consumption. Sounds about right.

China is 5x richer than India and produce 5x the power.

US is post industrial, so power use is reduced.

The numbers are from 2017. India energy consumption is much higher now than Japan.
Indian rupee and stock market returns are much better than Japan in recent years despite massive import increase.
India large service sector means more temperature control offices to build digital products. and I think India auto sector when you include motor bikes will be larger than Japan. in some countries air travel is subsidized and there is no other way around it.
Japan and China are densely populated so train make sense.

 

[Chandragupt]

So India produces similar amounts of power to Japan, but have 12x more people. Therefore, have 12x less industry or consumption. Sounds about right.

China is 5x richer than India and produce 5x the power.

US is post industrial, so power use is reduced.

True

 

[mossen]

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Over the past few months, India has concluded a trade agreement with Australia, New Delhi is hoping to close a deal with the UK this year and now the EU is restarting their negotiations for a FTA with India.

Ex-RBI governor Rajan used to warn that "intolerance" would put investment at risk. Seems like an empty hoax.

 

[Dolcevita]

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Over the past few months, India has concluded a trade agreement with Australia, New Delhi is hoping to close a deal with the UK this year and now the EU is restarting their negotiations for a FTA with India.

Ex-RBI governor Rajan used to warn that "intolerance" would put investment at risk. Seems like an empty hoax.

Hypocritical western countries and Australia apparently are not concerned about actual persecution of Muslims in India. Yet they feign fake outrage on imaginary genocide in China,

 

[PiSigma]

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Over the past few months, India has concluded a trade agreement with Australia, New Delhi is hoping to close a deal with the UK this year and now the EU is restarting their negotiations for a FTA with India.

Ex-RBI governor Rajan used to warn that "intolerance" would put investment at risk. Seems like an empty hoax.

So what's India going to sell to Australia? They both sell mostly raw materials, so compete with each other. And I don't think India needs to import massive amounts of iron ore or beef anytime soon. Another symbolic pact with no meaning.

And with the UK just means India is going to let city of London control all their finances again?

 

[gelgoog]

India needs coal I think. And probably LNG. As for what they will offer I don't know. Probably services.

 

[mossen]

I suspect easier immigration access too, which is typically an Indian demand.

 

[mossen]

Hypocritical western countries and Australia apparently are not concerned about actual persecution of Muslims in India. Yet they feign fake outrage on imaginary genocide in China,

Well, duh. The US is allied with an apartheid state (Israel) and a repressive theocracy (Saudi Arabia), so the notion it cared for human rights was always laughable.

The situation in India is getting quite serious. So far, Indian moslems have been remarkably passive but if they stop being that, then good luck dealing with 200 million radicalised people. A much smaller number of Sikh farmers managed to completely paralyze the capital last year, and these Sikhs have much less to complain about, frankly.

 

[Bellum_Romanum]

So what's India going to sell to Australia? They both sell mostly raw materials, so compete with each other. And I don't think India needs to import massive amounts of iron ore or beef anytime soon. Another symbolic pact with no meaning.

And with the UK just means India is going to let city of London control all their finances again?

Samosa. India is like China after all with big population and highly edumacated people not to mention that India has a surplus of many young workers waiting to be employed by companies from the west.

 

[Bellum_Romanum]

I suspect easier immigration access too, which is typically an Indian demand.

It isn't the typical Indian demand, it has always been the Indian demand. Mr.Shashi Tharoor always insist on this point whenever he is a guest on British broadcasts highlighting his very posh (Queen's English) way of speaking unto his former British overlords.