India will remain the Rising Star of Growth
The Indian national flag will keep fluttering India has surpassed countries big and small to become the third largest economy after USA and China.
After de dollarization this will be very apparent to all and sundry. Investors around the world should be flocking to India in 2025.
They should disregard all motivated and manufactured “news “ regarding Indian Economy by vested interests in certain Capitals of the World.
Western policymakers, CEOs and investors have for years foolishly debated the potential of India to follow the path of its neighbour China in terms of GDP per capita and global manufacturing might.
Such comparisons are now taking on new meaning in Mumbai financial circles and beyond. All this because NEW DELHI is now charting it’s own path and laying down it’s own rules of the game.
Why should India follow the TEXT BOOK written from a totally “ alien “ perspectives to that of Indian perspectives. For a start, the Western view of China has dramatically deteriorated.
Growth in the world’s second-largest economy is slowing, and Beijing’s relationship with Washington has soured. These two trends have increased India’s opportunity to shine as an investment destination on the global stage since the Covid-19 pandemic.
After all India is now the largest consumer by sheer numbers. Also slowly but definitely the manufacturing power, Consumption and purchasing power of Indians too are growing.
Unable to interfere and stem the rise of India vested “ Economic Experts “ are trying desperately to find problematic likeness in the trajectory of India’s economy with China.
They are trying to tell te rest of the world that Indian economy is underperforming expectations, by cleverly projecting Data to suit their theory eg GDP growth fell to 5.4% in the three months to the end of September, the slowest pace in seven quarters, only 80 basis points faster than China’s for the comparable period….so what?
It is still huge compared to all Western nations and will rise too.Indians and the BRICS nations and partners have full belief in the Prime Minister Narendra Modi’s led government that India will deliver a sustained 6%-8% annual GDP growth over the next decade.
Yes there are domestic problems but they are being resolved one by one, based on India’s priorities and not others. Both manufacturing and Consumption is increasing and power and agricultural Sector is looking upwards.
Though Western Europe, USA and Canada ( they seem to be getting quite isolated, are certainly less in numbers but will not stop claiming that they represent the “rest of the world”) are trying to blow serious external headwinds towards China and India.
U.S. President-elect Donald Trump is threatening trade tariffs against the South Asian nation as large as he has threatened against the People’s Republic. ….. So is India afraid of this? We are ready to reciprocate in equal measures.
Let’s see who blinks first? Desperately, they have tried to falsely implicate India’s richest man, Gautam Adani in a indictment in a lowly USA court and have started thinking that it will curb his growth ambitions.
USA should know that their laws are banned from even “ entering “ Sovereign India and that is that. We also didn’t know that American investors are so stupid and gullible as has been brought out in the so called trash charges against Adani’s Company.
The tycoon’s problems put a spotlight on India’s approach to courting foreign investment say some Western writers. Let’s be clear, Indian Companies will follow Indian rules, also it is the foreign investors who are flocking to India in hope of making huge profits.
Global companies are trying to enter India with Indian firms as partners but they will have to be the junior partners whether they like it or not. At least some of the new alliances may sour, just as many American, British, German, Japanese and Chinese joint ventures did. So it’s not big deal, foreign companies have to take the risk for the anticipated profit.
The Indian Share market has already given thumbs up to Adani. The USA govt has till date not approached Govt of India to make any appeals against Adani’ s so calked” wrong doings “ !!!· France’s TotalEnergies is not grappling with any risk because of its partnership with Adani Green Energy, the company at the centre of the U.S. legal case.
We too can have 10 such legal cases against USA companies starting with Bhopal gas leak etc etc. Western countries are trying to start a propaganda that India in coercing them in joint ventures, like Beijing had done, that is to seek know-how.
That desire to acquire intellectual property may ultimately put India in the West’s crosshairs. ….They better get rid of such notions at the earliest and this will be in their own interest.
Finally, there is the issue of perceived interference. The U.S. has been desperately trying to contain China’s rise, partly because of concerns the Asian behemoth is seeking to influence lawmakers in Washington.
Politicians on both sides of the aisle also disapprove of what they view as China’s predatory business practices, cyber intrusions and territorial claims.
Now a somewhat similar label of meddling is being started against India. The terror supporting PM of Canada, a member of the Group of Seven “ rich” countries, tried to put on a ‘ foreign interference ” tag on India, unseating Russia as the North American country’s biggest threat after China per its assessment in 2019.
This absurdity backfired so badly on Canada that Trudeau just didn’t know where to run to hide his turd.Tensions between Canada and India escalated after Ottawa said Indian diplomats were linked to plots to target Canadian Khalistani terrorists in Canada.
India not only denied the claims, but also expelled Canadian diplomats accusing them of indulging in activities against India. Indians made it clear that just like USA, Russia etc India too retains the right to strike against its enemies operating from anywhere in the world.
India would hardly be the first country to seek to assassinate its enemies on foreign soil. Trudeau thought that diplomatic brouhaha created by him will force India a capital-hungry country trying to attract investment, to toe Canadian line.
Trudeau failed to understand the fact that he was facing a new India.Nearer to home, too, Pakistan and Yunus of Bangladesh are trying to start a a debate about India emerging as a bully to them including Maldives and Nepal; they forget that the billions of dollars of aid New Delhi provides these countries (less Pakis of course) in times of crisis.
Whatever the nuances, due to crash of Sino American ties, Western decision-makers are now trying disruptions by making flight of their invested Capital in Chinese market to other countries and India seems to be the favourite. By doing this, they think they can still control the World.
However they should know that the new India is once again becoming the old India of 1600 AD when it controlled around 30 % of Worlds GDP, China had around 25%.
The combined population of India and China is now more than 35 % of the World’s population and economy ( PPP ) is double of USA.
So now who all are going to set the tone for coming times should be clear, especially if Modi and Xi shake hands which they are trying to do.
The wealth of the most of the Western Nations got created by loot from Asia, Africa and South America. So called Americans / Canadians just grabbed the wealth which actually belonged to the natives – Red Indians.
Well India will still extend the benefit of doubt, so Western investors are welcome but only if they play as per rules laid down by India.