India's industrialization pace? India's industrial sector share was around 32% of the GDP in 2011. In 2023, it has declined to around 28%. India's economy may he growing, but it's industrial sector is either stagnating or declining relative to it's economy. India's FDI in 2025 had declined 96% from 2024. These are not signs of a rising manufacturing power.
India just doesn't pass the eye test for me. Make in India? How many products on our shelves today are actually made in India? Negligible. Demographic dividend? Indian youths are climbing over each other to apply for scarce positions in the government sector. India had been busier exporting migrant labour than attracting FDI. Indian education? Since Modi took power, it has become a joke. They are replacing periodic tables in school classrooms with Hindu holy cow science. Religious fanaticism reigns supreme in India, dividing societies and rejecting science. Indian society is essentially regressing into the middle ages.
So while the Indian demographic dividend fantasizes about becoming Supapowar conquerors, China is rapidly developing automation to take on lower-end manufacturing. The majority of the manufacturing that is moving out of China is not going to India. India have failed to develop the human capital to compete against ASEAN, let alone China. By screwing around with China, the final window for India to catch the industrialization train has effectively closed.
So India have just missed out on industrialization. Their arrogant foreign policy have pissed off half the world. Their patrons in the Global North are also getting sick and tired of them. The India in the 2030s could look very different from today. However, is it gonna be the same India that the Jai Hinds are fantasizing about?