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At current rates, Bangladesh could top India's per capita income by 2020

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lol acc. to IMF the gdp per capita of India and bd will be 2,540$ and 2,030 $ this gap will grow to 3,270 $ and 2,540$. But then the leftists of India are predicting all gloom and doom about India.

http://www.imf.org/external/datamapper/NGDPDPC@WEO/OEMDC/ADVEC/WEOWORLD/IND

I see no issues. Keep the breakfasts and dinners cheap at Bhojohori Manna and Flury's and I will be glad to support the economy of Calcutta in four hours from Dhaka via Padma bridge.

I believe Indians will soon start pole-vaulting into Bangadesh - so we will be fully ready by adding another layer of electric fencing on our side along West Bengal, Assam and Tripura.

and the indian butthurt begins...

:lol:

Besides illegal immigration, India doesn't have much issues with Bangladesh.
Glad to see bangladesh developing , All the best for years ahead.

Thanks....:-)

But then developing economies have this boom, it should be expected... whats a matter of concern is if Bangladesh can reach India’s level of gdp and maintain the growth... which I think is highly unlikely.

I think you are worrying too much. All the right steps have been taken by the private sector already. Bangladesh is following Chinese/Taiwanese/Korean model.

Abhinandana, ēkaṭi natuna mahāśakti janma haẏa. :o:

Bhaalo. o_O

Congratulations on your excellent Bengali. :-)
 
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Why you think so?

BD is being held back by infrastructure more than India is and this is finally being built now. I think BD will grow 8-9 per cent a year in the 2020s.

Exactly.

After all infrastructure is completed (won't be before 2020) then we will still see residual economic upswing for another solid five years after that. There will be another infra-wave coming past that until 2025 as well.
 
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Why you think so?

BD is being held back by infrastructure more than India is and this is finally being built now. I think BD will grow 8-9 per cent a year in the 2020s.
Forget about what an Indian newspaper report says. Think about what are making BD grow. It is agriculture, garments and manpower export. BD has more agriculture land that can be fruitfully utilized because the land is flat and water is available. But, it has almost reached its limit. Textiles has its limits and manpower export as well.

Can you tell me what other sectors can foster growth of BD when even it lacks in the production of any kind of mechanical tools or machines or even the sewing machines and needles. Petrochemical industry is absent here. So, is all kinds of small and heavy industrial production. A country has to set up the factories with the needed machines before it can produce something mechanical. BD has so far failed.

Better, we do not flatter ourselves by comparing with an industrial giant India. It can manufacture almost every heavy finished products, like cars, railway locomotives and coaches, machines for its power plants. India's own companies are digging for oil and gas. There are hundred others that India is already is producing today while BD cannot even build a single machine.

India remains poor, but it is developing in every sector. If the present trend continues, India will become a mid-range developed country within 50 years. But, anyway, our BD will certainly fully develop by 2041 while it lacks a manufacturing base and people are without effective employment. Only BD people in the PDF have this "Aladin's Cherag", no doubt.
 
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Ah, those short, dark, rice eaters, eh? They beat Pakistan to pulp in 1971 and they are moving ahead under their progressive PM Sheik Hasina (a woman at that). Good going bongs. When is Pakistan going to catch up? The CPEC will make Pakistan a territory of the China. Then it will have the highest per capita in S Asia.
 
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Can you tell me what other sectors can foster growth of BD when even it lacks in the production of any kind of mechanical tools or machines or even the sewing machines and needles. Petrochemical industry is absent here. So, is all kinds of small and heavy industrial production. A country has to set up the factories with the needed machines before it can produce something mechanical. BD has so far failed.

Bhai Bluesky - please pardon my being frank but I get confused sometimes why you always have a negative slant in your comments disapproving developments in Bangladesh and in some cases hatred and doubt toward industrial capabilities and achievements in it.

A country does not always have to MAKE any needed machines to gain development, it can import if it makes economic sense - such as sewing machines. India has to manufacture because the economics of scale for manufacturing in India makes sense. Even the sewing machines in Indian garments factories are probably sourced from overseas, local sewing machines will not have any marked advantage or won't be significantly cheaper.

If India has to setup a thousand textile mills in India then it makes sense to setup a factory to assemble or make textile looms from a basic level. Texmaco was setup for this purpose and so were dozens of other outfits during Nehru's time (license-RAJ). That is not where we are or even will be at any point.

The demand for looms and parts thereof exists locally in India (closed economy at that time), so local manufacture helped and the govt. subsidized such ventures. Same for ANY other machinery and parts and SAME in China. NOT the same in Bangladesh. We don't have a thousand textile mills, just a few good ones. We DON'T have to make looms. We can import.

Setting up a plant for making looms in Bangladesh will only make sense if we can add value to be much more competitive than China, which is not happening, even with tariff and non-tariff barriers, like they do in India. These Indian machinery makers are running to New Delhi and begging politicians to tariff imports of Chinese machines, but this can only go so far. Pointless effort in an open market and where efficient production is king.

Scale of industrial activity is much smaller in Bangladesh compared to India but value addition is much higher in some sectors such as textiles, leather and home appliances. Cellphones too. Walton ring a bell? ;)

We don't need to follow India's footsteps, we will blaze our own trail.

Our value addition is mainly by human labor which is half as cheap as India in many sectors, such as garments, small electrics, kitchen items, light engg. etc. There is almost no mechanized value addition, mostly labor value addition. When we get into value addition by mechanization which is happening more and more in Bangladesh, industrial inputs and local machinery manufacturing will 'auto-magically' appear. And never before that.

D**k measuring our situation with India can make Indian trolls feel good about their hapless situation but that is as far as it goes.

Better, we do not flatter ourselves by comparing with an industrial giant India. It can manufacture almost every heavy finished products, like cars, railway locomotives and coaches, machines for its power plants. India's own companies are digging for oil and gas. There are hundred others that India is already is producing today while BD cannot even build a single machine.

India is a country (sorry 'loose association of ethnicities') of a Billion plus people. They will need products and goods of every sort and pricing at a humongous scale. No one is foolish enough to compare Bangladesh with India. Bangladesh can custom-build (or buy from overseas) whichever machinery it needs - depending on circumstances. It is not obligated to source any machinery locally.

Do you know we make 1000 ton cranes locally or almost all electrical heavy equipment is built locally? Because there is small or large scale demand for these items. And making locally is cheaper than sourcing overseas.

This 'Bharati' mindset from license-Raj days that 'we can build this and that, so we're superior' is hackneyed and old. The idea has subscription among certain middle class people in Bangladesh and India. There are humongous state-sponsored heavy machinery complexes in India (Ranchi? built with Czechoslovakian help in the 50's) that are rusting away now because the open market means no one will source heavy equipment from them. No money for BMRE either.

Some minister 'dost' of Nehru got paid off a handsome percentage to set this heavy engg. behemoth up and that is all they cared about. So what if it rusted away and spent hundreds of crores of taxpayer money?

Meanwhile they also spread this attractive propaganda of 'self-reliance' for certain non-essential sectors that is finding some followers even today. Deshprem tera naam dhokeybaaji....gullible lower-middle class Indians.

If machinery is not super expensive (there is China, Taiwan, Korea even Japan) and if the technology is not prohibited or critical then who the heck cares?? Import. And Import only what you really need and the best globally available.

India remains poor, but it is developing in every sector. If the present trend continues, India will become a mid-range developed country within 50 years. But, anyway, our BD will certainly fully develop by 2041 while it lacks a manufacturing base and people are without effective employment. Only BD people in the PDF have this "Aladin's Cherag", no doubt.

You don't have information, that is all I will say. Go talk to the chambers of commerce and BIDA folks and private business-folks. I am in the know and have no doubts.

You have to worry about giving lower class folks some jobs so they don't have to pull rickshaws for a living (happening already). That is all. Rest will take care of itself.
 
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Bhai Bluesky - please pardon my being frank but I get confused sometimes why you always have a negative slant in your comments disapproving developments in Bangladesh and in some cases hatred and doubt toward industrial capabilities and achievements in it.
I am not negative. I am practical. I do not see anything through a colored prism that you guys tend to see. Forget about India because you guys do not want to recognize the achievements of India that it made during the last 100 years. But, do you think, BD really has any manufacturing base except cement factories and a few small steel mills? But, is it not true that all the machines are imported ones? Just tell me how do you expect a future when the present does not see the presence of any important manufacturing industries for both capital and consumer machinery?

I live in a fully developed country, and I still feel amazed at the millions of factories and manufacturing plants here. Some people have eyes and some do not see. It always surprises me to see all these small, medium and large factories. Can I ask you when there are needs for millions of textiles machinery in BD, are there any that are manufactured there?

When I say this I became a negative man, is not it? Do not you think, your so-called positive minds are stopping BD from being industrialized. I believe it will take many centuries when BD people will be able to design and build machines same as Indians do. Indians love to dirt their hands, we do not. So, please start with designing and producing sewing machines, needles and nails before you guys talk of big things. sometimes, you guys forget that BD is just another LDC now floating on textiles and manpower export.
 
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Can I ask you when there are needs for millions of textiles machinery in BD, are there any that are manufactured there?

You answered your own question. :-)

When there are needs for millions of textiles machinery in BD, ....there (will be Bangladeshi companies who will) manufacture (these machines). Probably initially by assembling Chinese looms and textile machines (already happening in some instances) and then as volume grows, local parts content will replace imported parts content.

Indians love to dirt their hands, we do not.

I will NOT agree with this - sorry. Indian mentality is similar or worse than Bangladesh - as far as manual work goes. No educated Indian will go work in a factory.

I live in a fully developed country, and I still feel amazed at the millions of factories and manufacturing plants here.

In Japan - you have economic need for exports of all sorts for established customers in the US and all first world markets. Larger Japanese companies source items from mid-sized and smaller manufacturers located both in Japan and overseas (such as China). We all know this. Japan is one of the world's foremost economies, making everything. Why is this a surprise to you and why is it comparable to Bangladesh situation NOW?

I don't see anything new in this. Korea was like Bangladesh twenty five years ago, now it is more like Japan. MITI and JETRO in Japan played a part in Japan's development by helping the Keiretsu, Korean govt. did the same with the Chaebols. Bangladesh is not at that mature planning state yet, but it is getting there fast. Please study MITI, Keiretsu and Chaebol strategy sometime. While you are at it - study Mittelstand strategy in Germany as well.
 
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Bhai Bluesky - please pardon my being frank but I get confused sometimes why you always have a negative slant in your comments disapproving developments in Bangladesh and in some cases hatred and doubt toward industrial capabilities and achievements in it.

A country does not always have to MAKE any needed machines to gain development, it can import if it makes economic sense - such as sewing machines. India has to manufacture because the economics of scale for manufacturing in India makes sense. Even the sewing machines in Indian garments factories are probably sourced from overseas, local sewing machines will not have any marked advantage or won't be significantly cheaper.

If India has to setup a thousand textile mills in India then it makes sense to setup a factory to assemble or make textile looms from a basic level. Texmaco was setup for this purpose and so were dozens of other outfits during Nehru's time (license-RAJ). That is not where we are or even will be at any point.

The demand for looms and parts thereof exists locally in India (closed economy at that time), so local manufacture helped and the govt. subsidized such ventures. Same for ANY other machinery and parts and SAME in China. NOT the same in Bangladesh. We don't have a thousand textile mills, just a few good ones. We DON'T have to make looms. We can import.

Setting up a plant for making looms in Bangladesh will only make sense if we can add value to be much more competitive than China, which is not happening, even with tariff and non-tariff barriers, like they do in India. These Indian machinery makers are running to New Delhi and begging politicians to tariff imports of Chinese machines, but this can only go so far. Pointless effort in an open market and where efficient production is king.

Scale of industrial activity is much smaller in Bangladesh compared to India but value addition is much higher in some sectors such as textiles, leather and home appliances. Cellphones too. Walton ring a bell? ;)

We don't need to follow India's footsteps, we will blaze our own trail.

Our value addition is mainly by human labor which is half as cheap as India in many sectors, such as garments, small electrics, kitchen items, light engg. etc. There is almost no mechanized value addition, mostly labor value addition. When we get into value addition by mechanization which is happening more and more in Bangladesh, industrial inputs and local machinery manufacturing will 'auto-magically' appear. And never before that.

D**k measuring our situation with India can make Indian trolls feel good about their hapless situation but that is as far as it goes.



India is a country (sorry 'loose association of ethnicities') of a Billion plus people. They will need products and goods of every sort and pricing at a humongous scale. No one is foolish enough to compare Bangladesh with India. Bangladesh can custom-build (or buy from overseas) whichever machinery it needs - depending on circumstances. It is not obligated to source any machinery locally.

Do you know we make 1000 ton cranes locally or almost all electrical heavy equipment is built locally? Because there is small or large scale demand for these items. And making locally is cheaper than sourcing overseas.

This 'Bharati' mindset from license-Raj days that 'we can build this and that, so we're superior' is hackneyed and old. The idea has subscription among certain middle class people in Bangladesh and India. There are humongous state-sponsored heavy machinery complexes in India (Ranchi? built with Czechoslovakian help in the 50's) that are rusting away now because the open market means no one will source heavy equipment from them. No money for BMRE either.

Some minister 'dost' of Nehru got paid off a handsome percentage to set this heavy engg. behemoth up and that is all they cared about. So what if it rusted away and spent hundreds of crores of taxpayer money?

Meanwhile they also spread this attractive propaganda of 'self-reliance' for certain non-essential sectors that is finding some followers even today. Deshprem tera naam dhokeybaaji....gullible lower-middle class Indians.

If machinery is not super expensive (there is China, Taiwan, Korea even Japan) and if the technology is not prohibited or critical then who the heck cares?? Import. And Import only what you really need and the best globally available.



You don't have information, that is all I will say. Go talk to the chambers of commerce and BIDA folks and private business-folks. I am in the know and have no doubts.

You have to worry about giving lower class folks some jobs so they don't have to pull rickshaws for a living (happening already). That is all. Rest will take care of itself.
Excellent post @Bilal9 bhai.:tup:
 
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You answered your own question. :-)

When there are needs for millions of textiles machinery in BD, ....there (will be Bangladeshi companies who will) manufacture (these machines). Probably initially by assembling Chinese looms and textile machines (already happening in some instances) and then as volume grows, local parts content will replace imported parts content.
No, I did not answer my question. However, I am happy that some BD companies will start assembling. Better late than never. But, do not you think, many machine/needle assembling factories are not built in BD only because the political topnotch do not want it. The party cronies import all these from China and the sitting party top people get their easy commissions. This is different from India and all other industrialized countries, and this is why people get interest to build factories in those countries. I hope, a change will be coming to BD, as well.
I will NOT agree with this - sorry. Indian mentality is similar or worse than Bangladesh - as far as manual work goes. No educated Indian will go work in a factory.
Basically, you are right. But, the mechanical engineers there dirt their hands. Our work philosophy must change. A Japanese think work as just another work. Koreans are also same. But, we tend to make divisions in work. This is a negative aspect that will pull BD from developing.
In Japan - you have economic need for exports of all sorts for established customers in the US and all first world markets. Larger Japanese companies source items from mid-sized and smaller manufacturers located both in Japan and overseas (such as China). We all know this. Japan is one of the world's foremost economies, making everything. Why is this a surprise to you and why is it comparable to Bangladesh situation NOW?

I don't see anything new in this. Korea was like Bangladesh twenty five years ago, now it is more like Japan. MITI and JETRO in Japan played a part in Japan's development by helping the Keiretsu, Korean govt. did the same with the Chaebols. Bangladesh is not at that mature planning state yet, but it is getting there fast. Please study MITI, Keiretsu and Chaebol strategy sometime. While you are at it - study Mittelstand strategy in Germany as well.

Bold part: You are right. But, this is how Japan is a fully industrialized and developed country. We have to cater our production to the need of importing countries, same as textiles. But, a mere complacency on textile export will certainly backfire when other countries of SE Asia or Latin America start head on competition with BD textiles.

Japan, Korea have the same conglomerate/chaebol system. BD will certainly have to make best use of the similar system. It is also prevalent in all the western developed country as well as India. I can see it is already happening in BD. Money is being transferred to many big companies. It will be more so when the leadership is taken over by the next generation from their parents. The new generation are bestowed with knowledge and entry to the information world.

Do not try to patronize me about all those keiretsu things. I know and this is why I believe for now that BD will not progress that much. Better you learn from the western, Korean and Japanese economic development processes during the last few centuries.
 
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Korea was like Bangladesh twenty five years ago

What kind of chit are you on? Seriously....



They had already hosted an olympic games, bulk of industrialisation had finished by that point, their energy consumption per capita (back then) was 13 times higher than yours now:

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=KR-BD

their GDP output per capita (PPP) was 4 times higher (and they certainly were not padding their numbers with inflations like BD seems to be doing now).


@bluesky this guy when he says :
No educated Indian will go work in a factory.

is too used to white collar Indians at his US workplace bossing him around and earning however many times what he does. He has no idea or concept (or prefers to simply ignore in his butthurt) of the actual industrial zones taking shape in India that I am tagging you to look at in other threads....the blue collar stuff.

In fact the OPvideo:

https://defence.pk/pdf/threads/what...about-india-pakistan-dhaka-university.559808/

has that Bangladeshi gentleman saying what you are saying at some point about Indians more willing to work + be productive. Of course bilal the ill-mannered pakka chotolok would not think much of such a person in first place....but we must wish for BD to also improve its work ethic over time.

You are nearly completely spot on with rest of your analysis on this thread.

@dy1022 news flash: South Korea in 1993 was like Bangladesh today o_O
 
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Bhai Bluesky - please pardon my being frank but I get confused sometimes why you always have a negative slant in your comments disapproving developments in Bangladesh and in some cases hatred and doubt toward industrial capabilities and achievements in it.
it's called being butthurt and jealous!

@Bilal9

The buck stops at the fact of what The holy Quran says that mushriks will never be our friends no matter how much of a charade front they put up... what you are seeing from the negative opinions of every indian is just a simple and a practical demonstration of that.
 
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please pardon my being frank but I get confused sometimes why you always have a negative slant in your comments disapproving developments in Bangladesh and in some cases hatred and doubt toward industrial capabilities and achievements in it.

Its because of your retarded statements like:

"Korea was like Bangladesh twenty five years ago"

Not the first or last time you say this stupid crap pulled from your derriere either, you are so full of it....its the only thing you have in abundance. Certainly not facts or logic. You literally show why BD people even when semi-educated and have escaped to a developed country...still earn and think like squatter-trash.
 
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Petrochemical industry is absent here. So, is all kinds of small and heavy industrial production.
Why are you discounting our homegrown electronics industry(Walton,RFL,Marcel and others), plastic industry(RFL and others),Cement industry, Motor vehicle industry(now motor cycle manufacturing and bus assembling and very soon car manufacturing as well), Ship building, Toiletries industry(from soap to bathtub everything is produced here and people use mainly local items), Glass industry and ceramic industry(which supply bulk of the local demand as well as some export), furniture industry(Otobi, Hatil),Rapidly flourishing toy industry,and many other small, medium and heavy industry.

Industrial contribution to our GDP is 32 percent, which translate to 91 billion dollar value addition.Out of this, no more than 35 billion dollar are garments manufacturing.Rest 56 billion dollar worth industrial goods are coming from where? Obviously from the industries I have mentioned here.Just because those item are not big in export does not mean they do not exist in our country.They are meeting the need of our 170 million people and increasing their footprint overseas as well.If those home grown small and medium industries were not present in BD then out import bill now would had crossed 100 billion dollar.

Our current industrialization level is OK for the size of our economy.With the growth of economy in coming decades, our industries will flourish many fold in normal pace as well.It is ridiculous to compare current industrialization level of Bangladesh(lower middle income, mid size economy) with those of Japan(highly developed, 3rd largest economy in the world), which unfortunately it seems to unable to penetrate into your thick skull.
 
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Forget about India because you guys do not want to recognize the achievements of India that it made during the last 100 years. But, do you think, BD really has any manufacturing base except cement factories and a few small steel mills?
@bluesky
Well so you admit that you are talking about last 100 years.
So tell me what was the condition of BD aka east Bengal that time? How many stable years BD part got in this 100 years ?
Sylhet has been the most prosperous area but sylhet was a part of Assam not east Bengal .
This part ( east Bengal) was always prosperous before British start sucking, but that's different story we will not argue here.
Now let's talk about British era . This BD part was always deprived and before 1947 there were not even a single jute Mill was in East Bengal , so all agriculture money was looted by Hindu elites of Calcutta .
If someone will be honest( unlike BAL idiots) then after 1947 the development started .
Then again 1971 and then the worst black regime of BAKSHAL.
Then we all know the stories. Ershad did something good ( elders say) then again fall and the heinous democracy started.
And again 15 February election and again chaos, and then again BAL came to power, and again bnp and BD was almost destroyed specially in electricity sector.
Now the development started since 2009 regime.
And then, 2013 was a mess of Hartal ,vangchur, then 2014 election, and then 3 months strike , vangchur petrol bomb, then again the same in 2015.
So actually the political stability started in 2016 .
So are those 3 years enough to compare with Indian 100 years?
Look previous BNP regime totally destroyed almost every thing, so did not Awami League recover it so fast?
But do we recognize it?
If we recognize it then we are tagged as Awami League agent, if critisize it then we are Razakars.Actually who are we can you explain ? Razakar, bha-da? Or Bangladeshi?

When we start bashing something we do it , as they are devil mean entirely bad, and when we start praising then we try to say that they ( anyone ,any groups) are angles. This isn't balance imo.
And yes Awami ministers are barking that in 2041 BD will be developed nation that's a bad side of BD nation.
And some of us ( you) are trying to compare 100 years of India with more or less than three stable years of BD, that makes no sense.
Before 2016 ( after last petrol bomb incident ) BD became politicaly more stabilized. So was there any option for BD to start development as one party started and another cancelled it?
Critisim is good thing, but exaggeration isn't. Give BD atleast politicaly stable 10 years and then expectation should be so high.
Thanks.
 
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