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India Developing, but still a long way to go

DANCING GIRL said:
Islamabad-Airport_1.jpg
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For your information, Delhi carrying more than 63 million passengers/year while combined karachi+lahore+islamabad carrying almost 16 million passengers only
 
Karna_007 said:
Mighty Mumbai at night

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Construction equipment manufacturer holds good ground on worlds fastest growing economy

Cc-Kobelco
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https://youtu.be/u-EBcmcn6Q0
https://youtu.be/VoBwkeyWyys
Karna_007 said:
For your information, Delhi carrying more than 63 million passengers/year while combined karachi+lahore+islamabad carrying almost 16 million passengers only
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Haq's Musings: IATA Says Pakistan Among Fastest Growing Domestic Air Travel Market:
IATA (International Air Transport Association) forecasts Pakistan domestic air travel will grow at least 9.5% per year, more than 2X faster than the world average annual growth rate of 4.1% over the next 20 years. The Indian and Brazilian domestic markets will grow at 6.9% and 5.4% respectively.


Source: CAA Via Express Tribune

In a clear sign of Pakistan's rising middle class choosing air travel, the number of domestic and international air travelers in Pakistan grew by 8% to 17.9 million in fiscal year 2013-14 compared to previous year, recording the fastest growth in passenger traffic in the last three years, according to data provided by the Civil Aviation Authority (CAA) and published by Pakistan's Express Tribune newspaper. Growth in air travel is pushing new airport upgrades and new construction to handle more passengers. Examples of new or upgraded airportsinclude Islamabad, Multan and Sialkot.

Chinese domestic air travel market will surpass the US market to claim the number 1 spot by 2030, according to figures released by by IATA. Currently the ninth largest market, India will see a total of 367 million passengers by 2034, an extra 266 million annual passengers compared to today. It will overtake the United Kingdom (148 million extra passengers, total market 337 million) to become the 3rd largest market around 2031.

Pakistan International Airlines, the nation's state-owned carrier, is continuing to lose both market share and money in the midst of explosive growth in air travel. Pakistan's private carriers Shaheen, Air Blue and Indus Air and foreign carriers like Emirates and Saudia have benefited at the expense of PIA.

"It is an exciting prospect to think that in the next 20 years more than twice as many passengers as today will have the chance to fly. Air connectivity on this scale will help transform economic opportunities for millions of people," IATA chief Tony Tyler said in his comments on the report. In 20 years' time, "we can expect aviation to be supporting around 105 million jobs and USD six trillion in GDP," he said.

Sensing the opportunity, the government of Pakistan has recently announced a new national aviation policy, NAP 2015, to attract new investments in the aviation sector. It reduces or eliminates a number taxes and duties on investments. Announcing the policy, Prime Minister Nawaz Sharif said: “The present taxes and duties on the aviation sector are unjustified, and a major hurdle in the growth of travel and cargo handling through air.”

The NAP 2015 offers a bilateral “Open Skies Policy” to other countries, based on reciprocity; a level playing field for domestic and national airlines, and the liberalized aviation sector by allowing markets to determine the price, quality, frequency and range of air services options; and taxes structured and simplified in line with the best international practices to promote transportation, spur GDP growth and create jobs.

It's good to see that the aviation sector in Pakistan is finally beginning to get the attention it deserves as a growth market to increase investment, improve service to travelers and create new jobs.
 
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DANCING GIRL said:
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This is a thread dedicated for Indian development and not pakistan and kindly do not post pakistan related images and videos.For your information Mumbai is one of the financial hub of the world and having combined market cap of stock exchanges standing at 4.5 trillion dollars,worlds second largest film industry,one of the worlds largest skyscrapers under construction in the world,one of the world's largest number of billionaires city etc and kindly do not compare with karachi.
 
Karna_007 said:
This is a thread dedicated for Indian development and not pakistan and kindly do not post pakistan related images and videos.For your information Mumbai is one of the financial hub of the world and having combined market cap of stock exchanges standing at 4.5 trillion dollars,worlds second largest film industry,one of the worlds largest skyscrapers under construction in the world,one of the world's largest number of billionaires city etc and kindly do not compare with karachi.
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There is an option of reply under neath your comments.So what !!.Why are you scared.Keep on posting.Let see who flees first:agree:


 
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DANCING GIRL said:
There is an option of reply under neath your comments.So what !!.Why are you scared.Keep on posting.Let see who flees first:agree:
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Haha do you know where India and pakistan standing, then please let us know below:-

1. India fastest growing major economy- What about pakistan?
2. India is the 2nd largest coal,cement and steel producer in the world- What about pakistan?
3. India is the largest consumer of gold- What about pakistan?
4. India is the 3rd largest producer of electricity- What about pakistan?
5. India is one of the great space power- What about pakistan?
6. Worlds largest oil refinery is in India- What about pakistan?
7. India is one of the important medical tourism destination- What about pakistan?
8. India is the largest producer of Banana,Milk,Sugarcane,Tea and many other products- What about pakistan?
9. Indian combined stock exchanges in Mumbai stands 4.5 trillion dollar- What about pakistan?
10. India is the largest software outsourcing destination-What about pakistan?
11. India is one of the largest generic drug manufacturers- What about pakistan?
12. India is having world class hospitals and eduaction institutions- What about pakistan?
14. India is the 5th largest automobile industry- What about pakistan?

and the list is endless....

Yes India is big and is 10,20,40 times more than pakistan in above cases, though only 6.5 times populations and 4.5 times the size vs pakistan.
 
Karna_007 said:
Haha do you know where India and pakistan standing, then please let us know below:-

1. India fastest growing major economy- What about pakistan?
2. India is the 2nd largest coal,cement and steel producer in the world- What about pakistan?
3. India is the largest consumer of gold- What about pakistan?
4. India is the 3rd largest producer of electricity- What about pakistan?
5. India is one of the great space power- What about pakistan?
6. Worlds largest oil refinery is in India- What about pakistan?
7. India is one of the important medical tourism destination- What about pakistan?
8. India is the largest producer of Banana,Milk,Sugarcane,Tea and many other products- What about pakistan?
9. Indian combined stock exchanges in Mumbai stands 4.5 trillion dollar- What about pakistan?
10. India is the largest software outsourcing destination-What about pakistan?
11. India is one of the largest generic drug manufacturers- What about pakistan?
12. India is having world class hospitals and eduaction institutions- What about pakistan?
14. India is the 5th largest automobile industry- What about pakistan?

and the list is endless....

Yes India is big and is 10,20,40 times more than pakistan in above cases, though only 6.5 times populations and 4.5 times the size vs pakistan.
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  • " For your information Mumbai is one of the financial hub of the world and having combined market cap of stock exchanges standing at 4.5 trillion dollars "
Presumably, $ US right. I say $ US 40.5 Trillion in real PPP terms, wake-up!

Hold on, India's currency is Indian Rupees. I will repeat that a $ US goes at least x10 farther in India specially in the stuff that goes to building the stuff showcased in this thread. I am talking about next gen. infrastructure and it's input's like steel, cement, water, land, labour, sand, trucks, food etx. which are 10 times cheaper.

No kidding. Look at it this way, over time say 10 yrs., India's infra. deficit will go away say by x1 every year Vs. USA. In 10 yrs. then it will have caught up to US standards, presumably much better from what I see already. Indian Rupee will start catching up to US $. Hypothetically, the Rupee will be at par 1:1 Vs. US $. Problem is the US $ is not in a one-on-one with the Rupee, but is itself under pressure from Chinese Yuan.

Point is US $ is not going to gallop anywhere anytime soon while the Indian Rupee will steadily go up against the $. Parity with $ maybe a big hypothesis right now, but China and it's currncy may knock the $ more than the Rupee gaining against the $ and in balance this hypothetical may come true.

One last thing, 'dancing girl' your posts are off-topic, let's all work to ghettoise our thread, NOT!
 
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Yaar ... look who's talking.
  • While many are on to what you are say, it's going to be hard to go along with you re: source
There's hope, Tarek Fateh has said it will take a gen. or two for Gandhi and Vivekananda's messages to sink in.
 
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