India is fast losing out to China's muscle

[Shankranthi]

10-15 years ago we already saw Chinese products everywhere around the world, but even today I don't see many indian products anywhere. India doesn't really have a solid industrial base to make things happen.

That again is your perception.

Your secret sauce was export of goods, we have our own model of GDP growth.

It will be unique to us. I really don't see why it has to imitate china.

That's China's development rate, how can you be sure that India can do the same? You don't even have a industrial base to make it happen.

Because it has followed the historical trend.

In 1947 we were 10-15 years behind china, and even today we continue to be 10-15 years behind china.

In fact, now we are 11-12 years behind china.

Fact is Indian Growth rate is growing, chinese growth rate is slowing down. So if anything, our gap will reduce in the coming years.

 

[beijingwalker]

That again is your perception.

Your secret sauce was export of goods, we have our own model of GDP growth.

It will be unique to us. I really don't see why it has to imitate china.

You are saying that you will achieve at least the same development speed as China's and without indutiral base? Can you specify how you can make that happen?

 

[PurpleStone]

You are saying that you will achieve at least the same development speed as China's and without indutiral base? Can you specify how you can make that happen?

Just ponder how is India grower faster than China in 2018 with no Industrial base and what would be the growth rate if India starts adding the Industrial base to the mix.

 

[Shankranthi]

You are saying that you will achieve at least the same development speed as China's and without indutiral base? Can you specify how you can make that happen?

I have already mentioned it , you were not listening.

Indian Industrial base suffered because we were under US sanctions right from 1971. US LIFTED sanctions on you from 1971.

Today we are no longer under US sanctions so we have rebuilt our Industrial base, in quick time. Just look at all the things manufactures in INdia, from rocket ships to ships, to Automobiles to mobile phones to pharmaceuticals.

Where is the lack of Industrial base anymore ?

The gap in industrial base was Artificial and as soon as that artificial barrier was removed, India caught up.

 

[beijingwalker]

That again is your perception.

Your secret sauce was export of goods, we have our own model of GDP growth.

It will be unique to us. I really don't see why it has to imitate china.



Because it has followed the historical trend.

In 1947 we were 10-15 years behind china, and even today we continue to be 10-15 years behind china.

In fact, now we are 11-12 years behind china.

Fact is Indian Growth rate is growing, chinese growth rate is slowing down. So if anything, our gap will reduce in the coming years.

You don't have infrastructure, manufacturing and comprehensive industrial capacity, just how can you make that hapen? Even China doesn't develop at all it will take 15 years for you to reach China's position now, but, only with the China's double digits rate for all those years. How can you make that happen while you're having nothing at hand now?

 

[Nilgiri]

That's China's development rate, how can you be sure that India can do the same? You don't even have a industrial base to start with.

LOL have you checked the steel production rankings....who moved from 5 to 4 to 3 to 2 in last few years? All the countries below India do not have an industrial base I presume?

 

[GumNaam]

You don't have infrastructure, manufacturing and comprehensive industrial capacity, just how can you make that hapen? Even China doesn't develop at all it will take 15 years for you to reach China's position now, but, only with the China's double digits rate for all those years. How can you make that happen while you're having nothing at hand now?

vedas tichnalajy!

 

[Shankranthi]

You don't have infrastructure, manufacturing and comprehensive industrial capacity, just how can you make that hapen? Even China doesn't develop at all it will take 15 years for you to reach China's position now, but, only with the China's double digits rate for all those years. How can you make that happen while you're having nothing at hand now?

I do not see why not.

Most of the manufacturing machines can be imported. Labour can be trained. Power can be generated.

What is so great and unique about "industrial capacity" when we are no longer under sanctions ?

The only place where china has advantage is cheaper logistics and that is our weakness for now.

 

[beijingwalker]

East Asian model of capitalism
https://en.wikipedia.org/wiki/East_Asian_model_of_capitalism

Let's see how india become the first non East Asian country to pull it off.

 

[Shankranthi]

East Asian model of capitalism
https://en.wikipedia.org/wiki/East_Asian_model_of_capitalism

Let's see how india become the first non East Asian country to pull it off.

That is the china model.

We will write the book on the Indian Model.

So far, if you look at the historical trend, you can be pretty sure we will catch up.

 

[beijingwalker]

That is the china model.

We will write the book on the Indian Model.

So far, if you look at the historical trend, you can be pretty sure we will catch up.

You can brag when it happens, now you are still one of the poorst and most underdeveloped places in the world.

 

[Shankranthi]

You can brag when it happens, now you are still one of the poorst and most underdeveloped places in the world.

LOL....so are you.

Your per capital income is still woefully behind the west. Even lower than the global average. So go easy on the bragging.

 

[beijingwalker]

LOL....so are you.

Your per capital income is still woefully behind the west. Even lower than the global average. So go easy on the bragging.

several times more than India's at least, we are not in the same league.

 

[Shankranthi]

several times more than India's at least, we are not in the same league.

Like I said, you are ahead of us by 11-12 years. Let us see how the future plays out.

 

[beijingwalker]

China now has the world biggest middle class

China Wage Levels Equal To Or Surpass Parts Of Europe
https://www.forbes.com/sites/kenrap...l-to-or-surpass-parts-of-europe/#1570e6313e7f

Like I said, you are ahead of us by 11-12 years. Let us see how the future plays out.

Ok, good luck, india always have futures and we Chinese only have the present.