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India Developing, but still a long way to go

Nasscom stated 1 million BPM* jobs this yr. from non-metro, semi-urban expansion.
  • Boosting sector to 90 Billion/yr.
    (~ Rs. 5.52 Lac Cr.'s but ~ $ 900-1500 Billion in PPP terms)
I was chatting with a realtor friend about Banglore's 35 million sq. ft./quarter Grade A office space and he rejected the fact outright, no way could he
*BPM - Call Centers => Business Process Outsourcing => Business Process Mgmt. :woot: !

:offtopic: Re. below, beautiful video. Gorgeous views. Damn gorgeous city, except for the damned beachfront slums. Incredible. Probably the most pricey slums in the world.
 
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Howzzat?
Click the pic.'s to go Ahhh !

dlf Gurgaon 'Downtown'
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(c) https://scontent-b-ord.xx.fbcdn.net...300_742254582509418_1555203938675216719_o.jpg

dlf Cybercity Gurgaon
Gurgaon-.jpg

(c) http://www.vatikagroup.com/blog/wp-content/uploads/Gurgaon-.jpg

Work-in-Progress Re. Above
a5leoj.jpg

(c) http://img404.imageshack.us/img404/5500/a5leoj.jpg

Architect Hafiz Contractor for dlf Inc. Mid-to-Upper Middle Residential Area, Gurgaon
11_conclusion.jpg

(c) http://planyourgurgaon.com/images/11_conclusion.jpg

dlf High End Class Real-Estate, Gurgaon
52530710151405327526872.jpg

(c) http://img856.imageshack.us/img856/1047/52530710151405327526872.jpg

Upper Mid Beverly Park, same Gurgaon
Beverly-Park-1.jpg

(c) http://ncrpropertydeals.com/wp-content/uploads/2014/12/Beverly-Park-1.jpg

Howzzat ? Gurgaon Expansion, Towards Baadshahpur
459562110.jpg

(c) https://timedotcom.files.wordpress.com/2014/11/459562110.jpg?quality=65&strip=color&w=1100
 
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Google's biggest campus outside US to be in Hyderabad

HYDERABAD: Google will build its largest campus outside the US in Hyderabad at an investment of Rs 1,000 crore, according to Telangana IT minister KT Rama Rao.

"Excited to announce that Google & government of Telangana have inked an MoU to build their largest campus (outside the US) in Hyderabad," Tweeted Rama Rao, who is currently on a visit to the US.

"First campus in Asia. 2 million sq ft space would be built. Investment of Rs 1,000 crore and in four years employee size to double from 6,500 to 13,000," the minister said.

Vice president, real estate & workplace at Google, David Radcliffe, and Telangana IT secretary Jayesh Ranjan signed the MoU at Google headquarters in Mountain View, California, he added.

Google's biggest campus outside US to be in Hyderabad - The Times of India
 
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Already at Global # 4, India's economy is ripping under Modi like no other economy leading to a jobs boom

Just a few known and many unknown sectors in Modis present term -

IT & ITES 30 million
Health 40 million
Auto 25 million
Retail upto 55 million
Infra
Telecom
Textiles
Defence
Education
Manufacturing
Bank & Finance
Hospitality and Tourism
Food, Farming, Fish, Agriculture
Mining, Metals and Fabrication

So it's raining jobs. Media, Bollywood and Culture alone employ millions. Pharma sector employs millions. Jobs boom in sunrise sectors means massive middle class upward mobility. 100 million new, total 250 million jobs. If each supports 5-7 ppl, thats 1.25 to 1.75 billion ppl. Population is slowing. Massive poverty reduction too.
  • India's exports = ~ $ 1/2 - 1/3'rd Trillion/yr.
    Remittances approx. $ 100 Billion. FDI $ 25-40 Billion.
Versus infra. deficit where substantial, de-bottle necking is already done, new infra. coming up.
  • Point to note, India's infra. roll-out is x10 cheaper and in local Rs. Exports are quoted in $'s US.
Since bricks, labour, cement, re-bar and trucks are at least x10 times that of $ economies, overall exports is a whopping ~ $ 5 Trillion PPP/yr. in value, not the paper value of ~ $ 500 Billion. America's total exports come up to about $ 2.5 Trillion/yr.
  • :woot: ~ US $ 2.5 Trillion/yr. Vs. India ~ $ 5 Trillion PPP/yr.
Naysayers go ... Oh, population, ahem China, ... pssst poverty! Wot ?
India's imports are fascinating compared to the US - Oil and gas, digital chips and hold on ... Gold and diamonds! India's imports, specially re. oil and gas, are a cash fountain. The govt. owns the sector, gets the crude on deep discount, and peddles it fwd. pocketing the difference. The money is in refining, the govt. owns probably the largest # of the largest refineries in the free world.

India is making money hand-over-fist in knowledge driven, sunrise industries!
 
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