Have you ever been to china #justasking . I am not sure what are basis of your statement in bold...Can we compare apples to apples...
And you are comparing india of 2020 with china of 2008 ... there was a joke shared yesterday .. just copy pasting verbatim...Remember it;s a joke before you start blaming me as anti...
It's good to be loving your country but sending one's brain on vocations during this love is not needed.....
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Why #AtmaNirbharta may be a challenge for India.
May 2018 - Tesla China incorporated
July 2018 - Tesla signs deal with Shanghai govt for building Gigafactory
Dec 2018 - Groundbreaking for Gigafactory
Dec 2019 - First China built Tesla Model 3s rolls out of facility.
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If this was India however...
May 2018 : Tesla files application for incorporation
July 2018 : First babu rejects it for not having seal in Form 6 annexure B page 102
Sep 2018 : Second babu rejects it for missing address in affidavit
Dec 2018 : Random dude files PIL citing pollution
Feb 2019 : High Court gives date in Feb 2020 for hearing the case
Feb 2020 : Case dismissed
Mar 2020 : Some NGO takes out a protest march against Elon Musk, because musk is from deer and they are harmed during its production
Jun 2020 : Govt which gave land, loses the election.
Aug 2020 : New Govt cancels land grant citing corruption.
Sep 2020 : Babu gives a list of 76 NoCs from 64 departments to be obtained for Factory construction
Feb 2021 : One more babu issues a stop work order, citing illegal conversion of farm land to Factory use
Mar 2021 : Random NGO files curative petition in Supreme Court for review of High Court order citing environmental concern
July 2021 : Supreme Court appoints a reserve bench for evaluating concerns and gives date in Mar 2025
Mar 2025 : SC dismisses appeal in a 10k page judgement
Sep 2025: Construction of factory starts
Dec 2025 : Workers go on strike for poor wages. Additional secretary of the Labour department issues a Notice for violation of the Labour act.
Dec 2026: Indian customs hold imported machinery in port citing wrongful declaration and impose 600% penalty.
June 2027 : Local parties do a dharna in front of factory asking for 80% local quota.
Sep 2027 : RBI files a case for violation of Foreign Exchange Management Act.
Mar 2028 : CBDT sends notice for the GST slab for Electric Vehicles above certain KV and Luxury cess
Jan 2029 : Factory is ready, but power and water connection not there because of lack of NoC.
Apr 2029 : Power connection given but production cannot start as CM is busy.
May 2029 : Elon Musk retires to the Himalayas after his battle with the Indian govt and its babus
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I was replying to an idiotic post.
I don't need to be in china. Data is out there. Indian economy today in size is larger than the size of Chinese economy in 2008. Gdp ppp data by imf .
Given the same population it means Indian economy is just as productive and infrastructure just as capable as China had in 2008. Now of course china build up upon that. But we too can now build up faster.
You can joke all you want it doesn't change the fact that Indian manufacturing is 6th largest in the world in size almost as big as South Korea and growing at a much faster pace than anywhere else.
Our automobile production has already overtaken Germany ! How does that match with your jokes. Lol.
Automobile companies are sure preferring us over Germany which is the mecca of automobiles.
Our ease of doing busses is constantly improving from 100 above to 63 now . China is at 31 . With all these labour reforms we could be within 40 in next 2-3 years itself.
Anyway the Chinese shill on the forum was saying Indian infra is behind 1990s china while Indian infra is better than 2008 China so India is ripe to ramp up manufacturing faster .
How do you think we jump up to producing 2 lakh ppe per day from almost nil. In just two months.
We are building almost 10000km highways per year.
our cement production is 320 million tons annual compared to 89 for USA. Our steel production is higher than either Japan and USA.
All these indicators compare similar or better to where china was in comparison to other countries just 10 years ago.
we started reforms 13 years later than China but since then we are just as fast as them infact a bit faster. Chinese growth is now slowing down . They are borrowing more and more to sustain minute growth while we are just gathering pace. Chinese demographic is collapsing while ours is booming.
Our fdi inflows have been growing. That is sign of confidence in economy.
And now after corona we will receive lot more as Trump has banned US pension funds to invest in china. Others will follow suit.