Agreed, India is the future. That said, no matter how hard investors, politicians, geopolitical strategists, economists & Indians want to attract investment, what matters is the Indian government & the institutions attached with it are motivated & meet people half way w/ policy. https://twitter.com/dhume/status/1266170581348737024
India exports by value peaked around 2012 & 2013, and so on an absolute & relative basis, India has under performed in trade. Its export value is almost on par with Vietnam, although obvious higher, for an economy that is 10 times the size of Vietnam. India needs to look outward.
Of course, I'm talking about merchandise exports. Service export's much better. But to create job for what to be the most populous nation in the world, all engines need to be firing. Remember that to raise consumption & quality of life, people aren't enough. Need purchasing power
To raise purchasing power, you need to be able to produce more and be more productive. That means the productivity per work has to go up. If u have more people but not enough investment then your capital stock per worker declines. So India needs to be very aggressive & proactive.
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