Riding on RMG, $37b export goal set for 2016-17

[gslv mk3]

OK, wait for another 2-3 years.Allow the newer data to be calculated and then published.

Sure, till then accept the present data.

 

[Homo Sapiens]

Sure, till then accept the present data.

I didn't refuse 80 percent and 60 percent figure either.But what I said is,these figure doesn't give an accurate comparison of living condition of both country.

 

[Nilgiri]

No one gives a damn about your thoughts. Please come back when you have relevant data, from a neutral source.

He thinks Bangladesh has significant industries that it has developed since the last base year snapshot that there will be a base year phenomenon like what India saw (on top of GVA). They literally think anything that happens for India will automatically apply to Bangladesh to keep their dreams alive.

As you already know LDC is a very convenient method to get entrance into the western market and throw out Indian RMG businesses from there and anywhere. It is a success story.

Method? You are a basket case reliant on just one "industry" which makes you extremely econmically vulnerable:

http://www.un.org/en/development/desa/policy/cdp/ldc/ldc_criteria.shtml

And you boast other people's generosity and looking down upon you as a big achievement while we only reserve that for when we accomplish something that matters (like say launching a satellite to Mars....probably something Bangladesh wont achieve in your lifetime).

You put all your eggs into one basket and think no one will ever drop a hammer on it. And we are simply talking about exports here, India's own RMG has focused more on its domestic consumption given the tariff advantage puny LDCs enjoy (so they can afford a plate of rice per person)

https://defence.pk/threads/will-mod...-bangladesh-rmg-industry.436461/#post-8413994

We will start pulling the one rug you have from under your feet....while you are too weak and poorly educated and under-invested to pull any of the several rugs we have from under ours.

For example how many cars does Bangladesh make in a year? Does it challenge what India makes in just one day?

 

[Species]

You are a basket case

If you really know the actual meaning of basket case, India will prove to be the biggest basket case in the world!

We will start pulling the one rug you have from under your feet....while you are too weak and poorly educated and under-invested to pull any of the several rugs we have from under ours.

Our higher education rate is higher than you, our health and sanitation is higher than you, yet we "are too weak and poorly educated and under-invested"

Your logic sucks and you know that.

 

[Nilgiri]

The dude is obsessed with making it look like somehow India is more developed than BD.

Don't need to try all that hard. UN does it easily and simply....both by HDI and who it has in the LDC category.

UNESCO further expands on it education and skill wise.

If you really know the actual meaning of basket case, India will prove to be the biggest basket case in the world!

Bangladesh illiteracy strikes again.

Our higher education rate is higher than you,

Higher education rate? Have you even looked at the UNESCO statistics regarding Bangladesh? You are better than Pakistan but far behind us overall....and the gap is widening given Bangladesh absolute crap and near stagnation when it comes to secondary and tertiary education (both quantity and quality). It explains a lot about the general quality of this subforum too.

Your logic sucks and you know that.

I'll take that as a complement coming from someone who couldn't develop a logical argument even if he tried given the state of education in his country.

Like a poverty stricken beggar criticizing a wealthy person for not being rich enough

 

[Homo Sapiens]

Method? You are a basket case reliant on just one "industry" which makes you extremely econmically vulnerable:

Industrial sector contribute 31.3 percent of GDP(larger than India's 29.5%) in BD which translate 71 billion dollar.Garments account around 30-31 billion out it.So 40 billion dollar worth industrial goods come out from other industries.Then how garments is the only industry in BD? Our industrial goods are at first displacing the foreign goods with the locally made one.Once they get a strong footing in the country,they will expand overseas.This is how works in every newly industrialized country.It is already happening.You think Motor vehicle export is the only industry capable of lifting a country?

Bangladesh can get a long way without venturing that project.Currently most of our people are buying local brands of home appliances like TV, Refrigerator,Air conditionar,mobile phone(Symphony brand have more than 50 percent market share in BD) ect.We are eating local foods,wearing local clothes and shoes(BD exported 1 billion dollar worth shoes last year),using mostly local brand electronics,using mostly local energy(it may surprise you,BD is 7th largest gas producer in Asia,even bigger than Myanmar which export a lot of gas,but unlike Myanmar we use all of our gas internally) isn't it significant industrial strength?

Our trade deficit is becoming narrower as we are buying increasingly locally produced industrial goods than importing.Once our local brand saturate the local market they will venture the foreign one.Meantime they will become more polishing.Isn't how things happened in other industrial countries?So we don't need to match indian industry to be more industrialised than India.Light and medium sized industry is enough for us to propel growth for another 20 years.You should better concentrate on motor vehicle and sending rockets in Mars.

 

[gslv mk3]

Garments account around 30-31 billion out it.So 40 billion dollar worth industrial goods come out from other industries.Then how garments is the only industry in BD?

using mostly local brand electronics

I would like to see some data regarding this.

 

[Species]

Don't need to try all that hard. UN does it easily and simply....both by HDI and who it has in the LDC category.

UNESCO further expands on it education and skill wise.



Bangladesh illiteracy strikes again.



Higher education rate? Have you even looked at the UNESCO statistics regarding Bangladesh? You are better than Pakistan but far behind us overall....and the gap is widening given Bangladesh absolute crap and near stagnation when it comes to secondary and tertiary education (both quantity and quality). It explains a lot about the general quality of this subforum too.



I'll take that as a complement coming from someone who couldn't develop a logical argument even if he tried given the state of education in his country.

Like a poverty stricken beggar criticizing a wealthy person for not being rich enough

Total population of:
Bangladesh - 162,911,000
India - 1,326,802,000

Tertiary educated population of:
Bangladesh - 16,419,000
India - 77,950,000

% of total population:
Bangladesh - 11%
India - 6%

http://reports.weforum.org/human-capital-report-2016/economies/#economy=BGD
http://reports.weforum.org/human-capital-report-2016/economies/#economy=IND

Looks like unemployment has got you! Condition of your family would have been way better if you gave more time to other things than PDF!

 

[gslv mk3]

You should better concentrate on motor vehicle and sending rockets in Mars.

Oh, sure. And every thing else BD can't eventhink about.

 

[UKBengali]

I would like to see some data regarding this.

You should Google a little.

Think about it this way - how is it possible for a 220 billion US dollar economy to grow 7% a year on only
garments exports? There must be other activities happening. Since BD does not borrow much and has no large
agricultural or natural resources, this must be coming from other service or manufacturing industries.

 

[gslv mk3]

You should Google a little.

Finding data on BD isn't that easy

 

[Nilgiri]

Total population of:
Bangladesh - 162,911,000
India - 1,326,802,000

Tertiary educated population of:
Bangladesh - 16,419,000
India - 77,950,000

% of total population:
Bangladesh - 11%
India - 6%

http://reports.weforum.org/human-capital-report-2016/economies/#economy=BGD
http://reports.weforum.org/human-capital-report-2016/economies/#economy=IND

Looks like unemployment has got you! Condition of your family would have been way better if you gave more time to other things than PDF!

What counts as tertiary education in Bangladesh does not count as such for most countries

When its standardized Bangladesh comes off as pretty bad:

http://data.worldbank.org/indicator/SE.TER.ENRR?locations=IN-BD

Check with UNESCO for even more details (or I will post them here later if you continue to indulge in this comparison).

I make a lot of money per hour what I do so I have free time....whats it to you? Must be hard for a sweatshop RMG person to understand.

I would like to see some data regarding this.

Their "data" sucks so bad. You will be quite disappointed. India during the 90s in pre-mass-internet age measured and released better data regarding industry than these jokers. Its quite sad actually for a country of 170 million.

 

[Homo Sapiens]

I would like to see some data regarding this.

http://www.thedailystar.net/business/walton-made-bangladesh-150850
According to this article local brand supply around 80 percent refrigerator in BD.
http://www.risingbd.com/english/Bangladesh_self-sufficient_in_fridge_production/17140
http://www.bssnews.net/newsDetails.php?cat=0&id=415080&date=2014-06-06
According to this article, 12-13 lakhs tv set produced in BD while import was only 2 lakhs in 2014.
http://www.mobileworldlive.com/asia/asia-news/local-bands-flight-push-chinaindia-smartphone-makers/
According to this report,local mobile phone brand Symphony and walton have 53 percent market share in BD.

There are many other reports about local Bangladeshi products dominating the domestic market,you can search internet to know.I can't show them all due to time constrain.

 

[Species]

What counts as tertiary education in Bangladesh does not count as such for most countries

When its standardized Bangladesh comes off as pretty bad:

http://data.worldbank.org/indicator/SE.TER.ENRR?locations=IN-BD

Check with UNESCO for even more details (or I will post them here later if you continue to indulge in this comparison).

I make a lot of money per hour what I do so I have free time....whats it to you? Must be hard for a sweatshop RMG person to understand.



Their "data" sucks so bad. You will be quite disappointed. India during the 90s in pre-mass-internet age measured and released better data regarding industry than these jokers. Its quite sad actually for a country of 170 million.

Do you even know the difference between enrollment and graduated population? Idiot!

And here is the quality of Indian education,

"As per data, 50% graduates do not hold skill or eligibility to do any professional job. Moreover, the industry experts believe 80% engineering graduates are not fit for any job in industrial sector. Even engineering students are not aware about the basics of their trade. Whenever they go to seek job with their certificates, the companies put them on one to two years of job training,"
http://timesofindia.indiatimes.com/...e-Education-minister/articleshow/53232738.cms
50% Indian graduates unemployable: Education minister



Don't know how much you get paid but you seem to have a loooot of free time, comparable to our maid!

 

[Homo Sapiens]

Think about it this way - how is it possible for a 220 billion US dollar economy.

According to BBS, this fiscal year, BD's gdp is 251 billion dollar.While IMF stated it 226 billion.