Indian Economy: News and Discussion

Concard

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How likely would there be bottleneck after 3nm or so. Because such void can be used by us to catch up atleast for self-sufficiency. Also Is there any plan to design AI chips by Indigenous Companies? Because they are crucial in AI Missiles or Fighter Jets or Loyal Wingmans. Its too sensitive to source them from others.
You should kiss the ground under your feet if India makes 28nm chips. 50% of the market are for chips made on mature nodes which are used in consumer electronics like washing machines, micro-ovens, toasters, automobiles and in many industries. Let's capture that market first then think about others. Mind you if you would have a bought a PC 10 years ago with the configuration 8GB RAM, 500GB Hard disk, Quad core processor, even in 2024 that PC would be more than enough for general use.

So if we get to 7nm very late in the game that's completely fine, we can still play around with CPU designs. Right now the focus should be on 28nm node popping out 40,000 wafers per month. That should be the goal. This will catapult India to different orbit in electronic manufacturing. Other than China, other competitors like Vietnam, Indonesia, Malaysia neither have a fab nor or they are trying to have one anytime soon. Most of the semiconductor companies have huge presence and they have design teams in India as well. This will give us a massive advantage once our fabs are up and running.
 

another_armchair

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Food inflation is going to rip through the roof in the coming months.

No chance of a rate cut in the near future.

If monsoon plays truant this year too, expect the unthinkable.

There is going to be some serious squabbling between center and state over funds.
 

brat4

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that is highly optimistic. To go from 5T to 6T inside of two years would require posting growth rate of 10% per annum. I doubt India has the necessary infrastruture to accelerate to double digit growth rate without inflation doing most of the driving.
The only way i see this happening, is if the rupee strengthens due to balance of trade becoming positive - which i also dont see happening as oil will get more expensive in the near future,not cheaper.
its also difficult considering the slide of rupee in 2 years. which is also the reason why RBI is holding the rupee rate steady even while all other currencies are losing to the dollar. and that means our exports are also not attractive (purely on currency/value standpoint) but reduction of transport fees is covering for that currency loss.

goes to show how well co-ordinted this regime has been in terms of the economy. granted, some misses and oversights have happened, but overall, they have been fantastic for the Indian economy.

I shudder at the thought of anyone else coming to power.

Now even kotak bank not safe ?
I thought that was more for Kotak bank to improve its IT infra.. not really its financial health.
 

Azaad

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shade

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A quick question:
Why is it called 'the hindu rate of growth'? I find it very derogative...
India is Hindu majority therefore 🤡

I mean perhaps the coiner of this term forgot about Nepal or already hand waved it way as a future Communist state so
 

Cheran

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1714152416316.png


According to Invest India, a central investment promotion and facilitation agency, the domestic toy market size currently stands at an estimated value of USD 1.5 billion, and is dominated by small and medium-sized manufacturers.

It says the Indian toy industry is among the fastest-growing globally, and is projected to double by 2028, growing at a CAGR of 12 per cent between 2022-28.

**

In what could be a case study, Jammbo, an Indian startup in the toy space founded in 2023, stormed the toy market with Rs 50 crore revenue in the first year. Highlighting the company’s growth, Manasvi Singh, CEO and Co-Founder of Jammbo, said its sucess underscores the strength of local manufacturing with global standards.
 

nongaddarliberal

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No growth in exports since last year. In fact, overall picture is that both exports and forex reserves have been flat for the past 3 years, since 2021. Growing the domestic economy will be unsustainable unless exports and forex also grow proportionately at 7-8% a year, which is far from the case now. Anyone knows why both these metrics have been flat?




Related to this, FDI has also even flat for 3 years.

 

NutCracker

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AnantS

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Hmm knowing Reliance it would be just like 'Croma'. Rebadging China sourced components and products to sell in their electronic and online store.
 

Shuturmurg

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China has started building factories overseas to bypass tariffs. We should allow chinese investments in non strategic sectors for our manufacturing to grow.

 

ezsasa

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China has started building factories overseas to bypass tariffs. We should allow chinese investments in non strategic sectors for our manufacturing to grow.

and then give control over India's manufacturing topline during critical periods to CCP?

CCP : our east asia numbers are slightly down, reduce output of our companies by 90% in India
Chini companies in India : Sir, Yes sir..

1% of India's gdp is 1.71 lakh crore for previous fiscal, every decimal matters.
 

Shuturmurg

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Blackpill : City in a country with half our GDP per capita :




We sooth asians are incredibly disorganized people.
 

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