I have my doubts on that logic. since Japan also had (and continues to have) heap loads of money, but is languishing in recession for so long.
What I don't doubt is the CPC's ability to report growth. They themselves acknowledge that they are just reported numbers, not a measure of achievement...
No doubt you also have a high iq. :laugh:
Or you need a pair of spectacles to be able to read, and which you don't have.
Inflation in India has averaged 6-10% per annum over the last decade. Over the same period USDINR rate has increased less than 2% per annum. All this does is that the...
Another example of high iq. :laugh:
Inflation and rupee revaluation cancel out each other, not add to each other.
PPP GDP accounts for different prices. For example, one minute of mobile outgoing call now costs less than 1 US cent (50 paise) per minute. In Singapore it costs about 13 US...
I consider LCA project a huge success ... its the plane which built the foundations of fighter aircraft industry in India. It did what the Marut or even Su-30MKI couldn't do.
But LCA achieved just that for us.
AMCA is on the right track .... IAF made the right decision for laying out the...
AN-32 replacements are already coming in -- US transports ... generations ahead of anything russian / soviet.
Tejas is closer to western contemporaries .. I am glad there is NIL soviet / russian role in it.
The west is significantly ahead of rooskies .. true, they won't do a JV with us, but...
I think India has made fair progress -- there are fine examples, who's technological levels are appreciated and compared to international benchmarks .... Israelis found Arjun Mk-1 to the "ferrari among tanks", the technological achievements of Tejas beat many soviet productions, leave alone...
Did you even read what the OP posted?
96% of that value is from components and parts ..
Even I don't know the full details, but that should give enough of a lead.
This figure is not comparable to end-use system exports.
India often has offsetting clauses in purchases ... so these...
I pray 2 italian lives our worth a bit more (in the eyes of italian govt).
Let's have 109 indian lives + 5 billion dollars. :laugh:
Anyway, its a good deal for india, if we can get 109 indians back just by releasing 2 italians.
Su-30MKI is the backbone.. no doubts about it.
I only said, the next is line could be ... actually is Mirage2k / Mig-29.
But the next one is Tejas, not Rafale.
Further, Tejas is going to increase in numbers .... while Mirage2K and Mig-29 are capped (though, both.. esp Mirage 2K is better than...
I bet against the inductions numbers of Rafales.
There will always be more Tejas than Rafales... It's a bet.
Tejas has a headstart... it's all in front of us.
Perhaps you should have tried to bet in 2005 that MMRCA will overtake Tejas..and one could debate. Now its too late for MMRCA to...
Is there one LCA flying? - checkout... there are 8 of them fit for squadron service.
Even in Iron Fist there were more than one. And don't forget other trials in Karnataka, Goa and in Pokharan.
Iron Fist wan't the first weapons firing.
Squadron is already established. What's left is...
Can we stop considering Rafale and FGFA for consideration as a "backbone".. either of them have to be available before they mature into forming a "backbone".
This decade, the flying ones we have are Su-30MKI, Tejas and Mirage-2000.
Mirage-2000 will only have limited number.. but Su-30MKI and...
Even the deal for Rafale is NOT YET SIGNED.
And you want to count it as a backbone??? -- No point counting the chickens before the eggs hatch.
Tejas is already being flown by IAF pilots; participates in IAF drills (Iron Fist) with full weapons load.
Where is Rafale?? -- Future pipedreams. Huh...
NLCA is necessary, precisely for the reasons mentioned by Beerbal.
Mig-29s are only a stop gap thing... till we take things indigenous.
NLCA is perfectly compatible with INS Vikramditrya; STOBAR carriers .. it will have a mix of Mig-29 and NLCA.