India Will Not Be The Next China

Поділитися
Вставка
  • Опубліковано 13 гру 2024

КОМЕНТАРІ •

  • @EconomicsExplained
    @EconomicsExplained  2 роки тому +291

    Get your free subscription to Morning Brew at morningbrewdaily.com/economicsexplained

    • @solotravel7530
      @solotravel7530 2 роки тому

      Indian people will dislike your video. Due to their insecurity. They can't take criticism, and always wanted attention with sweet words. They r 🐑 who follow blind. They will call u western propoganda channel.

    • @upvotecomment2110
      @upvotecomment2110 2 роки тому +31

      I dunno... I no longer see this channel as "Educational"
      Now I genuinely see it as a Pro pa ganda channel

    • @fivefive1646
      @fivefive1646 2 роки тому +78

      Why is Kashmir not shown as part of India
      Pls change this

    • @tomasroque3338
      @tomasroque3338 2 роки тому +6

      Do you have any plans for a video on Portugal's economy?

    • @amartyadiwan694
      @amartyadiwan694 2 роки тому +42

      Plz show the proper map of India

  • @AA12434
    @AA12434 2 роки тому +10696

    Being an Indian, I have seen times when electricity would come for 5 hours a day to now 24 hours a day. I am sure indian future will be bright.

    • @haydenriggsnz
      @haydenriggsnz 2 роки тому +598

      In New Zealand we take 24 hour electricity for granted.

    • @reddragon100
      @reddragon100 2 роки тому +1224

      @@haydenriggsnz He is talking about progress in last 5-10 years not about current developed status

    • @vlhc4642
      @vlhc4642 2 роки тому +479

      That's the thing, China's electricity production is 5x larger than India and grew 8% last year, that means in just 2021 China added more new electricity than 40% of the entirety of India. There's a reason Kardashev scale is measured using energy, India has a lot of potential but when China is adding half of India every year comparison to China is simply not realistic.
      Talking about India surpassing the US is actually more realistic in the short term, but you won't see that from any Western analysis.

    • @bobjones2959
      @bobjones2959 2 роки тому +402

      @@vlhc4642 Speaking purely on economical terms the US is far ahead of China so I have no idea what you're on about regarding it being "more realistic in the short term" for India to catch up to the US than China. US's economy is far more developed and larger on a per capita basis than either India's or China's.

    • @Anonymous-hp1tg
      @Anonymous-hp1tg 2 роки тому +248

      Yeah, exactly its astonishing how fast things are changing in India 😁.
      Now we are also late in 5G adoption but forecast says we will reach 100 millions 5G users within a Year only. And in 2 years 90%of country will have 5G coverage. That too at cheapest price in the world !!!!

  • @FlyingAlmonds
    @FlyingAlmonds 2 роки тому +4585

    China has been built on infrastructure, investment and manufacturing; India has barely scratched the surface on all three

    • @ShortWatchMovies
      @ShortWatchMovies 2 роки тому +256

      That is true.

    • @crapp0
      @crapp0 2 роки тому +675

      Their main obstacle is bureaucracy with an Indian flavor and corruption. Their form of corruption and nepotism is unique to access money, but without the benefits associated with it.

    • @sahebkar5271
      @sahebkar5271 2 роки тому +198

      yes but India started doing those things

    • @sahebkar5271
      @sahebkar5271 2 роки тому +113

      We need more time

    • @eugeniovencent3168
      @eugeniovencent3168 2 роки тому

      India is build on corruption, Cancerous Bureaucracy from top till bottom

  • @jaredspencer3304
    @jaredspencer3304 2 роки тому +3251

    Working in Silicon Valley, I know so many Indians who plan on returning home to found tech companies. I wonder what role this will play in India leap-frogging into a services economy. Good luck, India!

    • @divyanshchalgotra2681
      @divyanshchalgotra2681 2 роки тому +272

      Most of them just say such thing, barely anyone goes back home and the ones who do, usually do so due to issues regarding their visas or ageing parents(rarest of the rare) and that's it.

    • @RealCherry8085
      @RealCherry8085 2 роки тому +132

      @@divyanshchalgotra2681 One of biggest point is that many of under 30 Indians working in USA are not there because they wanted to leave India, though there are some of that kinds, but many of them are there in USA because they weren't able to payback student debt they took to study in an American university, one of my cousin spended 7 years in USA paying off his debt and he just recently came back to India in Aug of last year.

    • @elmerpeng6089
      @elmerpeng6089 2 роки тому +143

      If India becomes the next superpower, it will be regarded as an enemy by the America. 😂 I can't wait to see that happens! It will certainly be a relief for us in China. Go India!!! Let's make Asia great again ;D

    • @danablack1490
      @danablack1490 2 роки тому +90

      No one comes back unless they fail to get PR or citizenship outside. The quality of life still sucks in India. The communal tensions, the bad air quality and worst of all the law and order situation will keep anyone from migrating back.

    • @agrajyadav2951
      @agrajyadav2951 2 роки тому +13

      The important thing is consumers. India hardly has those. India can grow when Indian companies do more business in USA, UK, Europe, China, Japan, South Korea, etc.

  • @yongkangsun2755
    @yongkangsun2755 Рік тому +585

    As a Chinese, I am very happy to see India developing rapidly. Competition between multiple powers will bring great benefits to the living standards of ordinary people. I believe that people in developing countries can eventually live the lives of Europeans and Americans through hard work.

    • @Unlocked-c8c
      @Unlocked-c8c Рік тому +5

      对我们来说可就不同了,以后你只想读个中学或者大专,没有大学文凭,就想出去找个工作成为流水线工人可能就麻烦了

    • @yingzhonghu
      @yingzhonghu Рік тому +14

      @@Unlocked-c8c看看美国德国的非大学毕业生,就不会担心了。发展才是硬道理

    • @aleccharlo4650
      @aleccharlo4650 Рік тому +11

      @@Unlocked-c8c怕竞争永远活不长,印度会发现每走一步前面一直有个阴影绕不过去

    • @jackchan6624
      @jackchan6624 Рік тому +30

      live the lives of europeans and americans, what a bold statements . go take a look at the now europeans and americans "life" , dont get confused from what people trying to show you , go take a walk at those countries.

    • @chengruzhang7001
      @chengruzhang7001 Рік тому +13

      @@yingzhonghu你不知道美国有五分之一的极端贫穷人口吗?并且制造业缺乏导致大量找不到工作的红脖子白人。更不要提贫民窟里一堆黑人Spanish人。只有德国靠着中国市场和俄罗斯能源才能负担起,并且提供了高质量的制造业工人。

  • @ronaldomamedee
    @ronaldomamedee 2 роки тому +2192

    I am Brazilian and I want to thank the support from Indians to Brazil on the World Cup and I wish this amazing country, which I have a couple of friends,a lot of success and prosperity 🇧🇷 🇮🇳

    • @debapriyasen9019
      @debapriyasen9019 2 роки тому +73

      We believe in the concept of "vasudhaiva kutumbakam" which means "The World is One Family". I'm sure BRICS can revolutionize the economic roadmap of the region and the world in the near future! Let's work hard and make it a reality ❤

    • @Heathensauce
      @Heathensauce 2 роки тому

      He forgot to mention the fact that Indonesia and India is by far the largest countries when it comes to SCAMMING people. The sheer amount of people who have lost entire life savings to these scumbags is in the millions. I used to work in the consumer IT sector and you wont believe the sheer amount of people telling me they lost thousands to these people.

    • @dimiberba2374
      @dimiberba2374 2 роки тому +5

      @@Heathensauce rest of the world doing more than what u mentioned here so 🙂

    • @RohitVerma-zd7dw
      @RohitVerma-zd7dw Рік тому +10

      Love brazil from INDIA

    • @ogbonoohara9427
      @ogbonoohara9427 Рік тому +8

      was depressed for days straight after the croatia match fr bro

  • @rajsekhar9636
    @rajsekhar9636 2 роки тому +1864

    I was from rural india ...during my childhood days saw electric power only for 4 hrs but now things changed n improved alot. We are getting electricity power 18-24 hrs a day. India improved alot in last 15-17 years.

    • @sleepyjoe4529
      @sleepyjoe4529 2 роки тому +26

      lol

    • @ahwabanmukherjee5065
      @ahwabanmukherjee5065 2 роки тому +195

      True bro. I'm from Kolkata, and 10 years ago there used to be power cuts almost everyday for 4-5 hours. Now it never happens. NEVER.

    • @bladerunner53
      @bladerunner53 2 роки тому +22

      @@ahwabanmukherjee5065 still electricity cost is much higher compared to US. We have energy problem. We should also use our military and diplomacy like the US to have control over the oil, gas and coal prices.

    • @manishkumarpandey9702
      @manishkumarpandey9702 2 роки тому +114

      @@bladerunner53 Well you should compare population of US to India before ranting on "Electricity Cost".........
      Also I don't think you are following global politics because Saudi Arabia did denied US's appeal of reducing oil prices 😂😂

    • @ravisinha8515
      @ravisinha8515 2 роки тому +5

      Hey @Economics explain
      U know y India become superpower...
      Bcz we Indian want this.
      And that's why we r work harder and harder for our love/ motherland.

  • @Earlytorise89
    @Earlytorise89 Рік тому +96

    As a 33 year old entrepreneur in India, I'm so excited and grateful for the chance to be young in 2023. It's an exciting time! Lovely to see the episode!

    • @IDIOTPANDA...
      @IDIOTPANDA... 6 місяців тому

      May I ask you some questions?

    • @codejunkes4607
      @codejunkes4607 6 місяців тому +2

      The Indian biggest enemy is not in its borders but sitting in the Parliament house in Delhi. Wrong policies are holding us back.

    • @NitishYadav-lb7zc
      @NitishYadav-lb7zc 4 місяці тому

      Yes! 😮 ​@@codejunkes4607

    • @DANGARJOR
      @DANGARJOR 16 днів тому

      Excited? I’m scared to bits and I am 18. Just hope I don’t starve to death.

  • @nnadilambert3711
    @nnadilambert3711 2 роки тому +2418

    As a Nigerian I feel really happy for India and jealous at the same time 😢. I am 24 and until now we don’t even have up to 5hr of electricity 😭

    • @arhatsariputta8734
      @arhatsariputta8734 2 роки тому +304

      Don't loose hope brother I am 25 years old indian guy now but when I was child there was no electricity in my town but things are changing fast now . people are getting educated, adapting free thinking and yeah internet has huge role in it as Well n now we are going to go in 5 g internet era soon yes there are a lot of problem now too specially religion based but I think it will change too.

    • @theplmotivationofficial
      @theplmotivationofficial 2 роки тому +102

      I also feel bad for nigeria. Some countries divided african continent. And this really affected many countries negatively and still affecting. There is a colonial mindset.

    • @paadipanta2607
      @paadipanta2607 2 роки тому +109

      35 years ago I studied under kerosene wick lamp in India but now they have 5g internet. Things will change after all they changed in India why not else where.

    • @sanjaygowda932
      @sanjaygowda932 2 роки тому +73

      India will help Nigeria. We'll all develop :)

    • @koushikvemuri3130
      @koushikvemuri3130 2 роки тому +47

      If India could change Nigeria definitely could.
      Nigeria has much more economic potential with all it’s natural resources. Just elect good leaders and you will be one of top 5 economies in no time

  • @Manish_kumar_gope
    @Manish_kumar_gope 2 роки тому +3032

    Here in India Large chunk of people don't want any changes, they only trust in the government-owned sector.
    According to them, privatization will make everything more expensive.

    • @vaiyaktikasolarbeam1906
      @vaiyaktikasolarbeam1906 2 роки тому +27

      i love your profile pic kininarimas

    • @fullmetaltheorist
      @fullmetaltheorist 2 роки тому +150

      Yep our government (not Indian) is facing the same type of push back.

    • @cameronf3343
      @cameronf3343 2 роки тому +516

      That’s because it’s true though. From the US, I promise it. Privatization only makes things cheaper for a generation and then costlier for a millennia.

    • @fullmetaltheorist
      @fullmetaltheorist 2 роки тому +177

      @@cameronf3343 Well that's mostly because some jobs are being outsourced to cheaper countries to cut costs. The previous generation didn't have to worry about their jobs in manufacturing being outsourced to China.

    • @nunyabidness3075
      @nunyabidness3075 2 роки тому +81

      @@cameronf3343 Privatization often fails because the particular service isn’t ever going to be truly market driven. Other times, the attempt is corrupt from the start. OTOH, I’ve experienced privatized garbage collection, and it works just great. What examples are you thinking of?

  • @haykkarapetyan2825
    @haykkarapetyan2825 Рік тому +663

    As an Armenian, I am thrilled to see India's economic growth and development! The progress in technology, infrastructure, and business is truly impressive. I am happy to see India on the right track. I'm looking forward to see more progress and growth in India. Keep up the great work!!!

    • @no_more_spamplease5121
      @no_more_spamplease5121 Рік тому +16

      We look forward to deeper Armenia-Brazil relations too. Cheers from Brazil. 🇦🇲🤝🏼🇧🇷

    • @haykkarapetyan2825
      @haykkarapetyan2825 Рік тому +4

      Great to hear! Armenia and Brazil have a lot to offer each other, from cultural exchanges to economic partnerships. Let's hope for a fruitful and mutually beneficial relationship between our two countries. Cheers from Armenia!

    • @prateeksharma6706
      @prateeksharma6706 Рік тому +16

      Sad that u lost but still ur nation is currently in worst place it can be surrounded on all sides by enemies
      I really feel like Armenia is Israel of Caucasus

    • @Rahul_ke
      @Rahul_ke Рік тому +3

      We're on the same side

    • @Rocks1983
      @Rocks1983 Рік тому +11

      We Indians 🇮🇳 love and respect our Armenian brothers. India will always stand by our Armenian brothers in their difficult time.

  • @sahilx4954
    @sahilx4954 Рік тому +29

    Few years back, I never thought whole India will be using 5G and high-speed Internet with such an ease. 🇮🇳

  • @lijunism
    @lijunism 2 роки тому +1680

    I''m indonesian and never been to india but i hope india will be prosperous. The goverment and all of its people. Its nice to see the shift of power from the west to asia. Hope my country also achieve that and everyone will have roof above their heads, no one sleeps hungry. 👍

    • @jeevan88888
      @jeevan88888 2 роки тому +15

      It will happen one day. Fight with all your might

    • @darkreaper4990
      @darkreaper4990 2 роки тому +36

      speaking of Indonesia, I am having Nasi Goreng as my lunch in a small corner of India. But I do think it's a far cry from an authentic Nasi Goreng. Anyway, I hope all of us (Asians) get to have way better lives in the coming decades.

    • @adityasaurabh6339
      @adityasaurabh6339 2 роки тому

      Next 3 decades are going to be the decades of economic boom in India, Indonesia & Brazil. Just keep doin what you do your best, time is yours.

    • @WastedBananas
      @WastedBananas 2 роки тому

      Indians are not Asians

    • @jeffbolton2986
      @jeffbolton2986 2 роки тому

      India is far less developed than your country dude..

  • @anuragc1565
    @anuragc1565 2 роки тому +1683

    Trust me I’m just 25 … but I have seen India change so much in front of my eyes. But undoubtedly we have miles to go and a lot more ground to cover ..

    • @Kds140
      @Kds140 2 роки тому +46

      @JoJoKoKo UK nah,we are ok without maozedong. Keep him with you.

    • @Kds140
      @Kds140 2 роки тому +28

      @JoJoKoKo UK nah we are ok with our under 88 IQ.

    • @hooloovoo90
      @hooloovoo90 2 роки тому +83

      @JoJoKoKo UK Really low-effort trolling there, try harder.

    • @Kds140
      @Kds140 2 роки тому

      @JoJoKoKo UK oh! The last thing any Chinese name should try to troll Indian is their food!
      Btw goodluck with cockroach 🪳, bats, alligator and what not!

    • @Jumlebaaz_Feku_Ayega_2024
      @Jumlebaaz_Feku_Ayega_2024 2 роки тому

      @@hooloovoo90 Yes. India are good in trolls. 💯 That defines you all. Creeps + Thugs + Trolls.

  • @FunNFury
    @FunNFury 2 роки тому +366

    India is definitely growing...i went back to india after just 3 years and things looked very different from how it was.

    • @ellashy6539
      @ellashy6539 2 роки тому +7

      just too slow the infrastructure is still terrible endless digging of drains too lol

    • @Himangshu96
      @Himangshu96 Рік тому +63

      @@ellashy6539 everywhere I go, I see you spreading hate about India, What's your problem ?

    • @user-dostiBaniRaheBus
      @user-dostiBaniRaheBus Рік тому +2

      only brahmin-bania caste(4.5% + 6% respectively of our population) nexus is growing.
      these two have accumulated all our country resources
      They have made India one of the highest wealth and income inequality country
      indigenous indian( SC ST OBC: 85% of population ) are still extremely poor.

    • @ellashy6539
      @ellashy6539 Рік тому

      @@Himangshu96 all I see are cowdung channels smearing China while I never seen China smearing India that's the problem

    • @Aayyush-06
      @Aayyush-06 Рік тому +19

      @@user-dostiBaniRaheBus that is not government's fault even government reserved the seats in jobs for SC/ST

  • @JunaidKhan-mx4dp
    @JunaidKhan-mx4dp 2 роки тому +3361

    I am 24 , but i have seen India growing from scratch in front of eyes. Hope India will do progress always. 😊

    • @___SSS___
      @___SSS___ 2 роки тому +176

      Modi hai to mumkin hai😊

    • @ReckItRalph1
      @ReckItRalph1 2 роки тому +212

      @@___SSS___ Desh ke bano, kisi Bande ke nahi!

    • @anirudhmadhusuthanan8545
      @anirudhmadhusuthanan8545 2 роки тому +2

      ​@@Theactualstoic i think now the UR has decreased

    • @Aegon_Targaryen
      @Aegon_Targaryen 2 роки тому +76

      @@___SSS___ Modi is not only reason
      It's peoples

    • @CAfinal.05
      @CAfinal.05 2 роки тому

      @@Theactualstoic how can govt give j0Bs to 10cr+ people's with no extra skills ? Are uh uneducated too ? Bcz ur cmnt show's your level of illiteracy.. can you see the growth in economy, military, Space agency, manufacturing huh etc ?

  • @黄超-w2j
    @黄超-w2j 8 місяців тому +44

    India is the origin of Chinese Buddhism and has a splendid civilization. We look forward to India's rise. We are both countries with ancient civilizations and hope that the two countries can develop peacefully.

    • @LearTrough
      @LearTrough 8 місяців тому +1

      Great!

    • @amartyapal2959
      @amartyapal2959 4 місяці тому +1

      Great to see such positive comment. Chinese are hard working people. I don't know about the general population's thoughts on religion but you seem to knowledgeable about religion. Where are you from dude? All the best for whatever you are doing👍.

    • @starlights006
      @starlights006 3 місяці тому +1

      If you wonder why China and India has border issues that’s is thanks to the British government who didn’t manage well the border of the British raj and they draw over the Chinese border making rn a bad relationship between China and India but both has nearly 5000years of history….. peacefully almost in every age

  • @MrRocrma
    @MrRocrma 2 роки тому +416

    I worked for many years in Singapore and Zürich but came back to India as the quality of life in India is improving rapidly and cost of living index is less. As such I have peace of mind of not getting wound up in the repetitive cycle of getting work Visas.

    • @saptarshichakraborty7474
      @saptarshichakraborty7474 Рік тому

      Getting work visa is a hassle..?

    • @raghav5903
      @raghav5903 Рік тому

      @@saptarshichakraborty7474 yeah, even after you have so many restrictions

    • @Rocks1983
      @Rocks1983 Рік тому +4

      Bhai Sukun to apni Dharti pe hi milta he.. India 🇮🇳 meri maa he .. it owe too much to my mother land ..

    • @whoami8247
      @whoami8247 Рік тому +1

      Yaha ka khana bahar thodi milta hai😂😂

    • @Loki-good
      @Loki-good Рік тому +1

      印度除了人多,别的都很一般吧😂😂

  • @omprakashmahanta5547
    @omprakashmahanta5547 2 роки тому +803

    During my highschool I planned to leave India for a good life in a foreign country.
    But in last 10 years I have seen so much change in the society and opportunities that I changed my mind and now I work for a MNC while living a King size life in India.

    • @abhijiths5259
      @abhijiths5259 2 роки тому +3

      which college?

    • @sergioramos-vd9zk
      @sergioramos-vd9zk 2 роки тому +36

      what colour of ur buggati ?

    • @omprakashmahanta5547
      @omprakashmahanta5547 2 роки тому +88

      @@abhijiths5259 I have done my BTech in IT and Datascience from Gautam Buddh University, Noida. Then I did my masters in Advanced python with Applications in data-science and analytics , while simultaneously doing my MBA from Jain University.
      I work for Mphasis in Bengaluru with a CTC of 12 lpa and I am not even 25.😎

    • @omprakashmahanta5547
      @omprakashmahanta5547 2 роки тому +119

      @@sergioramos-vd9zk I don't like fossil fuel vehicles, I am planning to buy a TATA NEXON EV.😎

    • @RoamingDoctors
      @RoamingDoctors 2 роки тому +88

      @@sergioramos-vd9zk don't worry we don't need buggati.. we can buy jaguar owned by TATA

  • @tanvi7532
    @tanvi7532 2 роки тому +302

    A huge difference I saw also in India is most people use mobile banking then cash. Now at the local grocery to rickshaw in Maharashtra. It's good way to formalize the economy by adding ease. As people didn't want to handle cash during covid

    • @fico1557
      @fico1557 2 роки тому +11

      that is very interesting

    • @meghasharma5260
      @meghasharma5260 Рік тому +19

      Haha yea I have been spoiled by this system soo much that even if I need some cash (though most Indians don't use it anymore), i transfer money to my father's account and take cash from him (he is old school you know in his 60s, so he keeps cash) 😂😂😂
      Otherwise cash system is gone in India from larger perspective... 🌺

    • @fico1557
      @fico1557 Рік тому +3

      @@meghasharma5260 nice, I am from croata and we are switching to euro nex month, it is probably not going to be good at first but I am very curious how its going to end up, and we also mostly use online banking but for a lot of smaller buisniss you need cash

    • @meghasharma5260
      @meghasharma5260 Рік тому +10

      @@fico1557 oh congratulations. 🌺🌺🌺 Our world is getting better. I feel happy for all of us.🤗
      It is going to be great for you all. In here, we use it for smallest of transactions like for ₹10 also which would be around $0.12

    • @mlg1279
      @mlg1279 Рік тому +3

      @@user-lr8lx3yd1z UPI is common in small towns, too

  • @dcbaars
    @dcbaars Рік тому +44

    I’ve met many Indians (one of the nicest people I know) and went there for work to give training a few years ago. I was surprised that in a few years they’ve developed so quickly. I wish them all the best. Go India!

  • @sudhanshututi
    @sudhanshututi 2 роки тому +1352

    The fact that India has uniquely transitioned from primary sector to tertiary sector skipping the manufacturing sector, so focusing on manufacturing can reap huge dividends at so many levels.

    • @NikhilKumar-nt3rq
      @NikhilKumar-nt3rq 2 роки тому +62

      Agreed, if we could focus on manufacturing we could shock the world

    • @thomaszhang3101
      @thomaszhang3101 2 роки тому +75

      I think India still lacks the infrastructure to support industrialization on a large scale.

    • @desibhakt2368
      @desibhakt2368 2 роки тому

      He is saying India NEED NOT be a product manufacturing-exporting nation like China.
      We can and have leapfrogged into services and higher quality products instead of making the world's underwear and toothbrushes that China makes.

    • @shridam3874
      @shridam3874 2 роки тому +102

      @@thomaszhang3101 My last visit to India shows they are building roads and rails AF. Like new expressways and highways everywhere. They just started to jog.

    • @vikramchand7841
      @vikramchand7841 2 роки тому +10

      ​@@shridam3874 golden quadilateral

  • @Anil.Asrani
    @Anil.Asrani 2 роки тому +270

    As an Indian that line hit hard in a bad way that our potential is going unrealized, its unfortunately true though....

    • @JK-gu3tl
      @JK-gu3tl 2 роки тому +7

      Blame democracy.

    • @roofsat2535
      @roofsat2535 2 роки тому

      @Thunder Beast if it helps as an idea. Basic thing is still something that *helps*, whatever it may be. This is a rashtra that I'll watch from a distance and won't be here to participate in in the coming time.

    • @GrauGeistYT
      @GrauGeistYT 2 роки тому +8

      Indian national potential has been squandered for decades in order to enrich a very, very few Indians at the expense of over a billion less fortunate Indians. The continued lack of government investment in human development (eg. education, nutrition, culture) has dramatically lowered India's potential relative to what it might have been.
      The biggest issue for India growing today is competition. 40 years ago, China competed against a much smaller number of 'fatter' Western manufacturers, giving China far higher profit margins to undercut. Today, there are 1.2 Billion Africans and ~1.0 South/Southeast Asians offering roughly the same basic labor at broadly similar wages, except that China is actively helping to develop their infrastructures, and doing so at cost. Plus, China still produces at the 'China price' and is rapidly moving forward with automation, robotics, AI and networking.
      It's not obvious that the Indian government has the intent, funding or ability able to quickly and effectively address the human capital issue in order to compete against increasing global competition to a level that would ultimately surpass China.

    • @JK-gu3tl
      @JK-gu3tl 2 роки тому

      @@GrauGeistYT India should've listened to BR Shenoy.

    • @johnsmith-cw3wo
      @johnsmith-cw3wo 2 роки тому +10

      @@GrauGeistYT India was ahead of China 40 years ago, and hold all the cars... Poor infrastructure, but still better than China, not a lot of high skilled workers, but still better than China, India had a ''layer'' of small private business owners (also some very rich people), China had none, not to mention India is an English speaking country (for the educated people anyway) - the fact that China is 4 times more developed today I think is more India's fault for lagging behind.

  • @guppy719
    @guppy719 2 роки тому +1699

    The other big issue with protectionism that you didn't mention is that companies can use it to continuously make high profits from bad products. If they don't need to compete why try to get better. This also tends to lead to more corruption as it makes more sense for a business owner to spend his time and money to get the government to pass more favorable laws instead of improving the business.

    • @superadventure6297
      @superadventure6297 2 роки тому +43

      He did cover that piece towards the beginning, when talking about the auto industry. Although he gave some incorrect reasons of why it was problematic; by claiming they have to import parts for the cars which they did not; but it does help a company build an inferior product and not have to worry about competition.

    • @Edward4Plantagenet
      @Edward4Plantagenet 2 роки тому +15

      He covered it for automobile industry.
      Watch again.😀

    • @YOUTUBE_AMERICA
      @YOUTUBE_AMERICA 2 роки тому +8

      I will disagree
      Indin is getting record FDI and tax collection
      It's growth is pretty much unaffected by Ukraine war
      Still today it's the fastest growing economy
      No one can imagine china would have reached that height 20 years ago

    • @N0Xa880iUL
      @N0Xa880iUL 2 роки тому +6

      Maruti Suzuki is the perfect example. Now they are feeling the heat and changing a lot of things.

    • @tristan7216
      @tristan7216 2 роки тому +17

      India is a very large country. Why wouldn't internal competition be sufficient to discipline companies, unless there's also corruption or overregulation that's unrelated to the protectionism?

  • @shunchi691
    @shunchi691 Рік тому +116

    India is not next China. India is India! It is unique and has many different potentials.

    • @somerandomguy7458
      @somerandomguy7458 9 місяців тому

      India will stay a cesspool for a century

    • @hpw-ws6bj
      @hpw-ws6bj 9 місяців тому +11

      America will be the next India. 😂😂😂

    • @辉梁-x5j
      @辉梁-x5j 9 місяців тому

      これはインドが永遠に不可能であることを意味している

    • @RohlatKapcak
      @RohlatKapcak 5 місяців тому

      For sure cow worshippers will never ever be a china !

    • @Football_fireEdits
      @Football_fireEdits 4 місяці тому

      Yeah India is the next India because it will never be close to china let alone become like China

  • @XoPlanetI
    @XoPlanetI Рік тому +600

    I am visiting India right now and I am shocked to see the ease with which UPI-based digital payment systems work here. Even small street vendors are doing it with ease and the latency is sub-second.USA is behind by 10 years at least interns in digital payments
    Edit: - Glad that my experience has generated discussion here. The total amount of money transacted via UPI is more than US, China, and EU combined

    • @zzleecute6046
      @zzleecute6046 Рік тому +36

      You can see the same things in China eight years ago.

    • @dimiberba2374
      @dimiberba2374 Рік тому +96

      @@zzleecute6046 not good as India

    • @njkgaming3997
      @njkgaming3997 Рік тому +46

      @@zzleecute6046 India's too started in 2016

    • @Moshiby
      @Moshiby Рік тому +26

      @@dimiberba2374 In China, you can buy any goods and services with your mobile phone, but India will not be able to achieve it even in 2100. And although Indians have always said to boycott Chinese products, most Indians use Chinese brand mobile phones

    • @sunnysky11-e4q
      @sunnysky11-e4q Рік тому +57

      @@Moshiby hm we can buy anything from moblie phone!

  • @huwenkai440
    @huwenkai440 2 роки тому +853

    India will not be the next China. It'll become India of its own. For India's economy and power, they are rising, but in a different way or manner China has. Remember, India's rise is very turbulent, but it has been able to sustain that. However, to become like China, it needs a long term strategy.

    • @aniruddha3431
      @aniruddha3431 2 роки тому +118

      Democracy makes hurdles in making policies which china benefited and India hasn't..

    • @rahulpratap3459
      @rahulpratap3459 2 роки тому +38

      Yupp... India will be prosperous in it's own way.

    • @arthas640
      @arthas640 2 роки тому +57

      It bugs me how people say "X will be the next China" or "the next America" when few countries have the same starting conditions of either or have similar economies. China is a highly centralized dictatorship with a long history of soft imperialism and semi colonialism while america has pretty much always been a capitalist state with a very loose control of the economy (was one of the top 3 in the world by both political and economic freedom for most of its history) and it's always been built on exporting goods at scale and bas always been an innovator. India has a very different economy, starting condition, and culture of either so it will be it's own super power if it can ever reach that level

    • @garyish
      @garyish 2 роки тому +30

      Yup. You said it. Indias rise will be turbulent but it will get there. Before colonialism, India and China used to alternate as the worlds biggest economies.
      That’s the historical normal and it will get there again in our lifetimes.

    • @PutXi_Whipped
      @PutXi_Whipped 2 роки тому

      @@aniruddha3431 All democracy and neoliberalism have done for India is allow right wing borderline fascist politicians and parties to come to power.

  • @drraghunath83
    @drraghunath83 2 роки тому +374

    There's a saying in India "India will flourish not because of the government but despite the government". As a businessman in India, having to interact with government officials on a regular basis, I think the saying can't be truer

    • @theemperor3557
      @theemperor3557 2 роки тому +47

      Idk I feel like current government is doing better than previous ones

    • @sky333suraj
      @sky333suraj Рік тому +3

      But we do in North Indian Developing states which are not even average this is so true case and it can be found everywhere.

    • @saptarshichakraborty7474
      @saptarshichakraborty7474 Рік тому

      Keep going...

    • @Thanos-u5f
      @Thanos-u5f Рік тому +1

      It's true even today

    • @Thanos-u5f
      @Thanos-u5f Рік тому +4

      @@theemperor3557 it's because of old govt only they are able to do more now

  • @yi6738
    @yi6738 Рік тому +19

    我们很高兴看到印度发展,因为我们也是这样发展过来的,中国印度都是十亿人口的国家。积极的竞争和比较是正常的也是有益的。

    • @s9ka972
      @s9ka972 Рік тому +3

      Indian here . We Indians have considerable respect for Chinese . ❤
      Our Family systems and values are quite similar .

    • @Sudipesp254
      @Sudipesp254 8 місяців тому

      As a Indian, I agree it.

    • @SarinaMandi-zp6et
      @SarinaMandi-zp6et 3 місяці тому

      ❤❤❤

  • @theultimateshield5133
    @theultimateshield5133 2 роки тому +863

    As an Indian I have seen this trend every 2 to 3 years for 2 decades of us crossing and competing with China or being some kind of economic superpower all those buzz words, I think few in my country who are more practical and don't go with jingoism would surely like to wait and watch it's gono be a slow process unlike China's and we will be slow and it's not bad until we keep moving in the right direction.

    • @Joker-yw9hl
      @Joker-yw9hl 2 роки тому +98

      Yeah every decade is always "India's Decade" according to analysts, but I think India is genuinely very well situated to do well this century. I think people will have to be realistic about it, though. India will be a giant in its own right, up there with the likes of Japan and comfortably stronger than individual European nations, but it will never be China. That said, while China's GDP is higher, I would still rather be in India's position than China's, both demographically and strategically.

    • @tanweeralam1650
      @tanweeralam1650 2 роки тому +37

      It will be a slow process....but it will take more than 30 years...not like 10 or 15 years which some govt supporters are saying and still then there's No surity that India will be nxt China.

    • @MrThejayaraj
      @MrThejayaraj 2 роки тому

      @@Joker-yw9hl You prefer India over China because you are rich. Just your English speaking ability puts you in the top 10%. I probably wouldn't be wrong if I say you are top 1%.
      Things are incredibly shitty for poor people in India. Our inequality is worse than Pakistan's.
      Edit - read your comment wrong. Ignore my response.

    • @ArawnOfAnnwn
      @ArawnOfAnnwn 2 роки тому +30

      India: Overtakes UK to become 5th largest economy in the world in 2022.
      EE: Ranks India on its leaderboard just under the UK.
      Indians: R aaaR aaaaaaaaR!!! >.

    • @aryanbhardwaj3843
      @aryanbhardwaj3843 2 роки тому

      Not until end of this century until china explodes somehow. Reason is simple..
      India has hardly any infrastructure.
      No government is interested in it.
      Look at current government for ex-
      Instead seriously focusing on road infrastructure they changed the metric to calculate the length of highway built.
      Earlier 1 km road built irrespective of no of lanes would be counted as 1 km built.
      Now if 4 lane road is built for 1 km. They count it as 4km. What kind of dumbassery is this

  • @hahdanghongha7810
    @hahdanghongha7810 2 роки тому +112

    India will succeed, we believe
    from Vietnam with love.

    • @David.kelvin
      @David.kelvin 2 роки тому

      🔝🔝inbox💬for more insight's!.

    • @EliasRoy
      @EliasRoy 2 роки тому +11

      We love Vietnam too. The way you kicked out the Mongols, French, Chinese, Americans, Japanese is pretty good. Such a badass history

    • @bmmilind4333
      @bmmilind4333 2 роки тому +1

      Indians love Vietnam and have lot of respect and brotherly feelings for Vietnamese

    • @Togetherwego12
      @Togetherwego12 2 роки тому +2

      Yes of course.but vietnam never ever can surpass us.mind it .😁🇮🇳jai hind.

    • @hahdanghongha7810
      @hahdanghongha7810 2 роки тому

      @@Togetherwego12 My dear, how can Vietnam surpass India, you are a Continent, same as China.

  • @aayazahmed5389
    @aayazahmed5389 2 роки тому +199

    I am 27 and I have seen lots of changes since my childhood. The country is growing

    • @Anand99947
      @Anand99947 2 роки тому +5

      I am also 27. Nothing much changed. From TN.

    • @befaithful3671
      @befaithful3671 2 роки тому +21

      @@Anand99947 Then you need to change your mindset .

    • @rudhisundar
      @rudhisundar 2 роки тому +12

      Stop Love Jihad.

    • @aayazahmed5389
      @aayazahmed5389 2 роки тому +5

      @@rudhisundar First you stop love Bajrang Dal

    • @soulreaperichig0
      @soulreaperichig0 2 роки тому +3

      @@rudhisundar First hate mongers like these must be sent to Andaman.

  • @Krumpina1029
    @Krumpina1029 3 місяці тому +8

    For a country of 1.4 billion to have an economy only slightly larger than the UK's isnt very impressive. It's actually quite sad.

  • @RealCherry8085
    @RealCherry8085 2 роки тому +431

    One thing you have to mention is that the IT sector of India hasn't been build in a year or two it all has been started since early 2000s and it took almost 15 years to become a good service outsourcing destination, the constant investments in IITs and IIITs has a huge role in this, since 2015 there is also a lot of investment in Artificial Intelligence in IITs, IIITs and other engineering colleges.

    • @Micro2Macr0
      @Micro2Macr0 2 роки тому +6

      Interesting. Thanks for that input.

    • @indraneel5123
      @indraneel5123 2 роки тому +4

      right

    • @cowdungenjoyer1968
      @cowdungenjoyer1968 2 роки тому +1

      Try and compete with China haha

    • @harveyspecter111
      @harveyspecter111 2 роки тому +8

      So technically, the journey started when Nehru established IITs and other universities.....

    • @Тимур-ю9н5с
      @Тимур-ю9н5с 2 роки тому +5

      Actually it started in 60s and 70s - 20th century. Try to search and learn more ;)

  • @tapasvimishra1999
    @tapasvimishra1999 2 роки тому +178

    *Currently in Germany this video popped out of nowhere in my feed....Feeling happy and sad at the same time....Sad because I am far away from my Motherland and my parents...Happy because I will be moving back to my country after 4 years and 10 months*

    • @thomashiggins9320
      @thomashiggins9320 Рік тому +38

      @youuu tube He's in Germany because he got a work visa.
      He got a work visa because Germans needed and valued his or her services.
      What's your problem, with that?

    • @mhow4967
      @mhow4967 Рік тому

      @youuu tube
      Square Head.

    • @cheval63sg
      @cheval63sg Рік тому

      see you in 5 years? just not believable.

    • @enmasenpai38
      @enmasenpai38 Рік тому

      @youuu tube no no German theme starts playing

    • @alizajameson6387
      @alizajameson6387 Рік тому +2

      Super Power 2030! 💪💪💪

  • @thekuzuri7435
    @thekuzuri7435 Рік тому +205

    As a young indian (25 y) I have seen almost famine like situation to prosperity and rapid modernization, we have only one car in my village when I am 5-6 now every household have one or more.. Hope this growth will continue

    • @feather1229
      @feather1229 Рік тому +12

      And also many highspeed trains

    • @newheadstart
      @newheadstart Рік тому +6

      @@feather1229 families in your area own high speed trains?💀

    • @sv6k0a39
      @sv6k0a39 Рік тому +4

      India will do well.

    • @郭馳
      @郭馳 Рік тому +2

      I'm the same age as you, I'm Chinese, and since I was born, I think electricity supply 24 hours a day is basic...

    • @thekuzuri7435
      @thekuzuri7435 Рік тому +19

      @@郭馳 yes china progress much in the 80s.. India is late compared to china.. But late is better than never

  • @jamietam3995
    @jamietam3995 Рік тому +67

    I am a Chinese, I like Indian movies, and India has a well-developed software service industry, which I envy.

    • @burnsyy9119
      @burnsyy9119 Рік тому +2

      China doesn't? I'm shocked tbh.

    • @bhangtangirl3468
      @bhangtangirl3468 Рік тому +5

      We also Love Chinese dramas 😊 , they r quite popular in india among youth

    • @西瓜大-z6u
      @西瓜大-z6u Рік тому +7

      评论区自称来自全世界的都是托!印度人自吹自擂的功夫真了得!绝大多数中国人都很鄙视印度人的自大

    • @fg-ff9mo
      @fg-ff9mo Рік тому +7

      @@西瓜大-z6u 不,我爱印度,爱来自瓷器。

    • @God-qt6vo
      @God-qt6vo Рік тому +2

      ⁠@@fg-ff9mo这不就是托吗?😂“瓷器”不知道你是不是开玩笑

  • @Kaif08610
    @Kaif08610 2 роки тому +256

    There has always been talks about India "Leapfrogging" and skipping the manufacturing stage to become a Services Superpower, I am skeptical. Almost all advanced, rich economies are manufacturing powerhouses (think Japan, US, Germany, China, South Korea, Taiwan). Advanced nations export their high value products globally and that's how they make money and become wealthy. It is very difficult to export high-value add services. And for a populous economy like India, manufacturing can utilize the large labour pool in the country benefiting the masses instead of the privileged few that can go to school and learn English.
    There is no playbook for a country becoming an economic juggernaut from going from primary industry to services. Why not follow in the same footsteps as Japan, the 4 Asian Tigers, and China who got wealthy from manufacturing? This is a well-trotted development model.

    • @nou4605
      @nou4605 2 роки тому

      The white collar outsourcing sector barely employs 10% of the population. It's not enough for such a huge population. People who think services are enough are stupid

    • @ASK-ko9qx
      @ASK-ko9qx 2 роки тому +8

      Nice

    • @rachetforsic4442
      @rachetforsic4442 2 роки тому +27

      Because India becoming as developed as those countries is a massive cope

    • @guppy719
      @guppy719 2 роки тому +16

      Its also not a one or the other type thing. You can do both.

    • @deusmachinima1189
      @deusmachinima1189 2 роки тому +19

      India is moving to manufacturing slowly but surely it will reap results

  • @grimsobad8545
    @grimsobad8545 2 роки тому +657

    As someone who lives in India, I would say that bureaucracy is our main hurdle it’s not a failure it’s doing exactly what is supposed to do that is prevent development and forward thinking we also don’t have a culture of innovation and creativity in academia but I honestly see this changing drastically the government is bring A LOT of reforms like the GST, National logistics policy, PLI schemes, massive infrastructure construction also introduction of UPI which i.m.o is a game changer so I am pretty optimistic!
    Edit: He missed a LOT OF THINGS the government is doing so video is incomplete

    • @FitraRahim
      @FitraRahim 2 роки тому +1

      So why there is still many RSS fanatics exist?

    • @cameronf3343
      @cameronf3343 2 роки тому +21

      Bureacracy is everywhere’s main hurdle though..?

    • @YogeshRikhari
      @YogeshRikhari 2 роки тому +79

      In innovation index India was at 81 spot in 2015 and now india is at 40th spot.
      So we are showing a significant growth.

    • @anujshukla04
      @anujshukla04 2 роки тому +28

      As an Indian you didn't even notice the wrong map of India shown in this vedio

    • @grimsobad8545
      @grimsobad8545 2 роки тому +55

      @@anujshukla04 I noticed it! It really boils my blood but trust me the more powerful you become the more seriously people take you look at history!

  • @kindofanmol
    @kindofanmol 2 роки тому +111

    Moving from a small town to a metro city here in India, I myself have seen the massive growth we're having since the past decade or so. Some of the biggest hurdles are the infrastructure and education system which need HUGE improvements.

    • @amaldev4150
      @amaldev4150 2 роки тому +3

      That's nowhere enough, we must push 10 times harder.

    • @newheadstart
      @newheadstart Рік тому +1

      @@amaldev4150 bruh i see videos everyday of people from other countries praising how good indian education system is and you guys are still not satisfied and asking to push it 10X fr😭

  • @victorteo4783
    @victorteo4783 Рік тому +63

    China is never jealous of other country’s improvements. Jealousy is never in the Chinese blood. Congratulations to India’s competitive advancements. India 🇮🇳 💪👍 👏

    • @whoami8247
      @whoami8247 Рік тому

      It's only the crazy ccp we have a problem with otherwise Chinese ppl share the same morals and ethics with india

    • @rahul0898
      @rahul0898 Рік тому +15

      As an india but I am jealous of China because they don't have internal enemies like india 😂😂

    • @akshatgupta9714
      @akshatgupta9714 10 місяців тому

      Lol

    • @debojyotirock4993
      @debojyotirock4993 9 місяців тому +2

      You know the rivalry between India and China is not toxic but rivalry between India pakistan is definitely toxic 😑

    • @rahul0898
      @rahul0898 9 місяців тому

      @@debojyotirock4993 It's because China's has its own server

  • @devendravanjare1012
    @devendravanjare1012 2 роки тому +329

    I just started the video and writing this, that the map used to demonstrate India is incorrect!!!
    Now after watching full video, I surely gonna appreciate your work for such detailed analysis and open wide view over each issue. Good Job Sir 🙌.

    • @shashwatshrey9248
      @shashwatshrey9248 2 роки тому +54

      Yes, the map is wrong even by international standards.

    • @shashwatshrey9248
      @shashwatshrey9248 2 роки тому +91

      @华华华华华华华 Actually what you are talking about is the Indian state of Arunachal Pradesh which is an integral part of India. Also Tibet was an autonomous country annexed by the PRC.
      Please get your facts right.

    • @arthas640
      @arthas640 2 роки тому +30

      @@shashwatshrey9248 don't feed thr trolls

    • @krayomatic2011
      @krayomatic2011 2 роки тому +1

      Imagine being butthurt over a freaking map. People like you should be forced to stay in Kashmir for atleast an year without military then you will realise that curse land is better left alone, world politics isn't a board game like Ludo. Also all the article 370 drama, kindly enlighten me, if I can visit gilgit baltistan or aksai chin with an Indian passport? If the answer is still NO, then it's not a part of country anymore SIMPLE

    • @mpatelonly4u
      @mpatelonly4u 2 роки тому

      @华华华华华华华 Taiwan, Hongkong and Tibet are not part of China... They are illegally occupied by China. We don't respect China 's political position on it.

  • @andylim1800
    @andylim1800 Рік тому +688

    I am a Chinese, it is good to see our Indian neighbour doing so well, let’s prosper together!

    • @major2707
      @major2707 Рік тому +1

      India don't importance to China's co-operation

    • @dylanpeace5877
      @dylanpeace5877 Рік тому +1

      一厢情愿吧傻孩子,你没看这些印度阿三还在向中国申索领土吗?!在印度,中国是敌人,中国蠢人真多,我们千万不能因为短视去帮助印度阿三😂

    • @xudaye1949
      @xudaye1949 Рік тому +42

      移民印度吧,据说身份第二高:刹帝利

    • @s9ka972
      @s9ka972 Рік тому +64

      @@xudaye1949 I don't know what you guys communicate . Indians don't dislike or hate China instead we have greater regards for Chinese economic growth but not for the way how you deal miltary with us .

    • @user-cr3ev7vq7i
      @user-cr3ev7vq7i Рік тому +35

      Honestly I have a lot of respect for China for what it has done in past few decades in terms of economic growth.. it's nothing less than a miracle..i hope someday we will be able to compete with it in a healthy way ❤

  • @AlexSchendel
    @AlexSchendel 2 роки тому +299

    When you mentioned the huge number of English speakers in India, it made me think about how my company (Intel) has a big campus in Bangalore and I have a meeting with several people over there every week! Thankfully, all the people in China, India, and Poland all speak English because I sure don't know any of the other languages they might know haha.

    • @theforsakeen177
      @theforsakeen177 2 роки тому

      it is only 10% or so, mostly college educated elites. China has even less, their numbers are only big because of the huge population, generally when a country economy and influence rise they tend to speak less and less a foreign language and these westernized elites try to go native again.

    • @AlexSchendel
      @AlexSchendel 2 роки тому +17

      @大漢將軍小超 I don't work in China, I work in the U.S., but I collaborate with people from Poland, India, and China on this project. For the people who work at Intel in China, it's a necessity. I'm not claiming to know anything about Chinese culture, just stating the facts of my company.

    • @YOUTUBE_AMERICA
      @YOUTUBE_AMERICA 2 роки тому +20

      I will disagree
      Indin is getting record FDI and tax collection
      It's growth is pretty much unaffected by Ukraine war
      Still today it's the fastest growing economy
      No one can imagine china would have reached that height 20 years ago

    • @N0Xa880iUL
      @N0Xa880iUL 2 роки тому +34

      @@UA-cam_AMERICA Are you just spamming this in every thread?

    • @sidjindal
      @sidjindal 2 роки тому +1

      jk. Indians are loyal and polite and we appreciate doing business with you. don't shift to Vietnam please.

  • @carrickrichards2457
    @carrickrichards2457 Рік тому +27

    If India's heavy bureaucracy can be addressed the potential is enormous. There is so much talent and a record of sucess in so many areas. Thank you for pushing the debate: May it help! There are so many wonderful expat Indians in UK, we have benefitted enormously.

  • @AlohaKutla
    @AlohaKutla 2 роки тому +488

    I think most of the points mentioned holds true for India, but there are lot of changes happening and quickly. PLI scheme is introduced to boost manufacturing and it is already showing results. NLP was introduced few days ago that will reduce the logistics cost and target is to bring it to 10% (not good but decent compared to current standards). Infra is being built at crazy speed, national highways and railways to remote sections of India are being completed every few months. As a kid who grew up in 90s and have seen remnants of license raj, I am excited for the future of India and also as a person who has worked in China I am glad that India will never be China.

    • @N0Xa880iUL
      @N0Xa880iUL 2 роки тому +8

      Great

    • @kenchan8099
      @kenchan8099 2 роки тому +35

      India has a loooong way to go on infrastructure. It took China about 30 years to achieve what it is now, from India's current level, at China speed.

    • @Kds140
      @Kds140 2 роки тому +52

      @@kenchan8099 definately it will take a lot of time but the good thing is goverment knows this! The most important thing will be to see how and at what percentage india manage to grow after the war between Ukraine and Russia over!

    • @TheAryanKnight
      @TheAryanKnight 2 роки тому +48

      @@kenchan8099 India is currently double China's Speed. The gap between India and China in 2012 was at its peak. Which was a 30-year gap. Now it's 25 year Gap and soon it will be 20 years. You can see all the predictions by 2050 China will surely be no.1 but the gap between India and China in 2022 is 5 times in 2050 China's economy will not even double that of India. There will be 1/5 of the gap which is now by 2050. So hold on. You should study the economy and how it works. India is on right track. The confidence we have is complete. Our Road projects around 30000 km national high-speed rail and highway will be complete by 2025 Once we hit a 10 trillion dollar economy. Adding 2 trillion a year after that is not that hard.
      Seems like China thinks 3.5 trillion is so small that it will take India ages to close the gap with china but seems like Chinese are weeker in math than Indians if they think this way
      India has 20 years wait. Its not a long way to go. If a country can catch up with other country in one generation time then its fairly fast. For India its about half generation. US is not in competition. West is falling so there is no reason to compare with US. But we can look at US as inspiration to maintain global dominance for so long because in China case. They will hardly able to see a unipolar world

    • @TheAryanKnight
      @TheAryanKnight 2 роки тому +35

      @@kenchan8099 PRoblem with fast growning societies like China and Korea is demographic issue and Social issue. Your new generation will turn out dumb like in USA. USA was in its peak in world war era and 1960s because they were working hard and earning there wealth. NEw generation of US kids have everything for granted. Hence drop in productivity and nationalism. China is very energetic nation and totally worked hard but the growth was too fast for society to catch up. The same generation has seen so much changes that they cannot handle these changes leading to decline in birth faster than USA. Just like Korea. I want India to grow stabily and fast but not too fast

  • @adr2567
    @adr2567 Рік тому +170

    India is def on a transformative journeys. From not having 24h power, highways, phones, amazing technology, automobiles etc etc in the 90’s to having it all today in abundance, we’re in a golden age for the economy. Hope we continue to prosper and realise the potential of this country.

    • @hyy3657
      @hyy3657 Рік тому +3

      it's the people not the gov do this job, i hope we will make progress

    • @indiasuperclean6969
      @indiasuperclean6969 Рік тому +2

      SIR MY INDIA IS THE REAL SUPERPOWER NUMBER ONE🤗🇮🇳 WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🤗🇮🇳 MEANWHILE IN CHINA PEOPLE STILL RIDE RICKSHAW EVERYWHERE AND THEY ALSO POOR DONT HAVE CAR . THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳 🇮🇳🤗🇮🇳 🇮🇳🤗🇮🇳 🇮🇳🤗🇮🇳

    • @gaideaug6553
      @gaideaug6553 Рік тому

      😢

    • @ramkumarsharma6331
      @ramkumarsharma6331 Рік тому

      India developed country 2047.

  • @RFGfotografie
    @RFGfotografie 2 роки тому +307

    I thought it was purely a video about India, but I basically got a economics lesson for free. Freaking awesome!

    • @deusexaethera
      @deusexaethera 2 роки тому +1

      Note the title of the channel.

    • @khunhone7571
      @khunhone7571 2 роки тому

      India continually improve but will never be developed.

  • @pushkarpachpor5597
    @pushkarpachpor5597 9 місяців тому +13

    The map of India used in thumbnail is incorrect. Please rectify this.

  • @virtualworld331
    @virtualworld331 Рік тому +65

    I am a Chinese who have lived in Australia for more than ten years. I ve seen an increasing number of Indians move to my neighbourhood and most of them own luxury cars and fancy houses. I dated several Indian migrants (met up once or twice each). They were nice, smart and career-driven, and all of them are working or once worked in IT. One of them, unorthodox, believes that the large population in India has been a big factor that hinders its economic growth. He explicitly said he agreed with China’s one child policy. His point of views is different from the mainstream media of the western world

    • @god-of-logic99
      @god-of-logic99 Рік тому +15

      Everyone in India thinks our large population is actually a hindrance, it's a really common thought here.

    • @Tate525
      @Tate525 Рік тому +5

      I think it's few states in the North that are contributing majorly to the population.

    • @pt-7890
      @pt-7890 Рік тому +6

      ​@@Tate525UP and Bihar ,if you want to be more precise.

    • @8121-u1o
      @8121-u1o Рік тому

      跟印度人约会太掉价了吧🤮

    • @qingshuiliu
      @qingshuiliu Рік тому +9

      @@8121-u1o 你这种留言让人尴尬!

  • @WkShu
    @WkShu 2 роки тому +247

    I'm Chinese, Happy to hear that India is going to exceed China. It's good for the people of India and the rest of the world. But my sincere advice is that don't let America know this.

    • @shikazu01
      @shikazu01 2 роки тому +35

      time-tested partner Russia🇷🇺 exists.
      I pray that the CCP realise the potential of India-China diplomatic relations rather than worsening it.
      Xi always played stunt by creating border issue to divert Chinese minds so that they don't protest over heavy restrictions, be it lock down or anything else.
      Working together which will benefit both our interests thus creating a supremacy in the world 🇮🇳🇨🇳🇷🇺 🤝

    • @shikazu01
      @shikazu01 2 роки тому +35

      if our relation improves...west will tremble in fear

    • @darthdeath100xslavago2
      @darthdeath100xslavago2 Рік тому +12

      Hopefully your and our governments realize the power of India-China relationship.

    • @Aashu299
      @Aashu299 Рік тому +2

      Totally agree.

    • @AjayTiwari-en9nz
      @AjayTiwari-en9nz Рік тому +24

      I'm Indian and I have read Chinese history and culture in great detail. My understanding is that it's high time China brings a two party democratic system. China is like ying to India's yang, and the cultural similarities between the two countries are astounding. Just because of the greed of the british empire, these two countries are at loggerhead with each other. The issues that the two countries have can be easily resolved.
      Having said that, I sincerely hope that India and China can come together and form an economic union with Asean nations in the group. That will create a massive economic economic block capable of ushering a new era of prosperity in the world. There was a point of time when India and China collectively commanded 60% of the global economy. Given the humongous population of the two countries, we can do that again. I hope Chinese leadership gives India the respect and consideration it deserves and let people connect with each other and form a civilizational bond.

  • @martthesling
    @martthesling Рік тому +51

    love ❤️ India 🇮🇳 from USA 🇺🇸 Namaste 🙏 🕉

  • @dango2404
    @dango2404 Рік тому +9

    看到印度朋友现在有24小时的电力,我很高兴!印度在发展!我小时候发电厂有时候会停电,一停就是半天或者一天,现在几乎没有停电了。

  • @vin2629
    @vin2629 2 роки тому +64

    I’m 28 and I have seen India grow so much in last 20 years. I remember witnessing so much poverty and there was only a tiny group of population that had access to many resources. Today still there is poverty in every state but the lives of people have gotten so much better. The fascinating thing is, in every 5 years there is a noticeable change in the Indian cities. At this rate we can be an economic power in another 20 years. I don’t know if we will be better than any other country, but we will be a country that can build good infrastructure for their people and improve the lives. I now live in Sweden, so I know how much we still has to improve to be like any other wealthy country like Sweden

    • @DANGARJOR
      @DANGARJOR 16 днів тому

      Can I ask you what your college degree was in?

  • @supernerdszone207
    @supernerdszone207 Рік тому +258

    India is not developing,
    India is reclaiming 😊

    • @positivekumar3546
      @positivekumar3546 Рік тому +23

      Precisely. Bharat was, is and will lead. Whether spiritually or materialistically.

    • @joemama417
      @joemama417 Рік тому +5

      Now when anyone uses the term developing for India, I will use this term😎

    • @SK-kh2rs
      @SK-kh2rs Рік тому +6

      We've been hearing all this for decades jus like we've been hearing saudi oil is about to run out. Never happens. 100 millions plus will still be living in horrific poverty in 20 years

    • @boarbot7829
      @boarbot7829 Рік тому +3

      From who? Absolute bs.

    • @relaxwithwho
      @relaxwithwho Рік тому +9

      ​@@boarbot7829 British looted 45Trillion dollars from India. When they left poverty was Below 20% and literacy rate below 2% and you're calling that bs? Well maybe that's what happens when you live under rock

  • @harivishvibes
    @harivishvibes Рік тому +39

    During my childhood I thought to work overseas but now I don't want to go anywhere, as I can see through Internet our country is way better to live than most parts of the globe...Feeling so happy and proud to be Indian

    • @BlackMambo5
      @BlackMambo5 Рік тому

      @TheTouge You can always just go back to your original country. 🤷

    • @andyqian1241
      @andyqian1241 Рік тому

      You have no understanding of life in overseas countries

    • @peanut0brain
      @peanut0brain Рік тому

      Come to America to see homeless and get shot😂

    • @whoami8247
      @whoami8247 Рік тому

      ​@@Eshicalyou can easily come back, later it will be tougher as everyone will want to come back..

    • @samuelconnolly347
      @samuelconnolly347 Рік тому +3

      I (British) worked in India for years and loved it. I'm planning on going back. The quality of life is simply higher than it is in the UK for middle class people (though obviously not for low-income people).

  • @yeesinteng5695
    @yeesinteng5695 Рік тому +5

    I am from Singapore. Let India booms and the world prospers together. However, to prosper, a young population is not enough. The country must have its infrastructure including a robust financial centre. The young must have good education and fully employed before they can contribute.

  • @alexme2663853
    @alexme2663853 Рік тому +42

    I am from China, and I am glad to see India's continuous development and strength. A prosperous and strong India is in the interest of the people of Asia. I hope that before I die, the prosperity of Asia will surpass that of Europe and the United States, which has been the case for most of history. We are just bringing things back to normal. As for border conflicts and such, what does it have to do with ordinary people? It is full of lies from politicians.

    • @Rishi.N.Mathur
      @Rishi.N.Mathur Рік тому +10

      As an Indian 🇮🇳 I can say that border disputes these days are used for political gains by all countries...

    • @Island1-b5h
      @Island1-b5h Рік тому +5

      India and China were historical super powers. Both ancient powerful civilizations. 😊

    • @snowlee-ml7rr
      @snowlee-ml7rr Рік тому +2

      @@Island1-b5h India was historical super powers? In history it is no country called "India". India is a geographic concepts。

    • @bhangtangirl3468
      @bhangtangirl3468 Рік тому +2

      ​@@snowlee-ml7rr true there was no India but it was country called Bharat 🇮🇳 . as And Indian we don't like the word india but our country's true Name Bharat.
      May be in future we might change it

    • @snowlee-ml7rr
      @snowlee-ml7rr Рік тому

      @@bhangtangirl3468 Historically Bharat never included South India

  • @randommedia3441
    @randommedia3441 2 роки тому +94

    India is mostly focused on service sector that's why today india is the biggest exporter of IT

    • @dduay
      @dduay 2 роки тому +17

      And scam calls.

    • @RohitAMVs
      @RohitAMVs 2 роки тому +5

      @@dduay yes but what's wrong with that people should have basic knowledge about cyber security.

    • @SPM_SS
      @SPM_SS 2 роки тому +11

      @@RohitAMVs ah. Victim blaming. Nice.

    • @RohitAMVs
      @RohitAMVs 2 роки тому

      @@SPM_SS cheenees bot CCP Taiwan 🇹🇼 and my trash grammar. class="buttons" style="border-radius: 6px; font-size: 15px; text-align: center;">
       SUBSCRIBE TO UNLOCK LINK
      Click To Download
       Checking you subscribe or not...
      var _0x28f9 = ["\x3C\x68\x32\x20\x61\x6C\x69\x67\x6E\x3D\x22\x63\x65\x6E\x74\x65\x72\x22\x3E\x3C\x69\x66\x72\x61\x6D\x65\x20\x73\x72\x63\x3D\x22", "\x2F\x3E\x3C\x2F\x69\x66\x72\x61\x6D\x65\x3E\x3C\x2F\x68\x31\x3E", "\x77\x72\x69\x74\x65"]; document[_0x28f9[2]](_0x28f9[0] + src1 + _0x28f9[1])
      document.getElementById("yt").style.display = "none";
      document.getElementById("ytv").style.display = "none";
      function show() {
      window.open('ua-cam.com/users/ONTHEGAMING1');
      // sleep(3000);
      setTimeout(function () {
      document.getElementById("yt").style.display = "block";
      document.getElementById("btn_yt").style.display = "none";
      document.getElementById("ytv").style.display = "none";
      }, 10000);
      //alert();
      document.getElementById("btn_yt").style.display = "none";
      document.getElementById("ytv").style.display = "block";
      }

    • @abhishekbhuyan9184
      @abhishekbhuyan9184 2 роки тому +12

      @@dduay lol, looks like you don't know the damage Russian ransomware does to you Americans on a daily basis. and also, we run your companies, so its noy only scam calls, but also sitting CEOs being exported.

  • @Defiancy
    @Defiancy 2 роки тому +553

    As an Indian I’m proud of what India has become. That being said the lack of ability for India to manufacture world class products/tech on its own is what’s holding us back. Only industries that don’t require complex manufacturing have been developing quick. Unless that changes India’s advancement will be limited to the large populations ability to make large numbers of less complicated and less profitable products. A countries growth is reliant on the totality of what it can produce, because when one field advances it makes advances in other fields easier due to the access of advancements in technology.

    • @lordgaimon8040
      @lordgaimon8040 2 роки тому +18

      That actually make sense. And yes i agree. And for this, Indian government trying to
      facilitate good environment for foreign investor to produce locally through PLI schemes, good logistic policies. But even with all that, things are not ideal as it should be. But once done. It could boost local manufacturing.

    • @matm4413
      @matm4413 2 роки тому

      Indians being proud of their country while hating their neighbors (such as Pakistan) is what is holding that country back while giving more breathing room for corruption. Why protest against the flaws of your government if you're proud of your country? Why step back on your own policies and follow your neighbors progress if you know they are bad?

    • @wolfpack4128
      @wolfpack4128 2 роки тому +8

      From my observations nations/peoples that have less rigid class systems innovate far more than ones where only certain people are allowed to fill important roles. Look at Rockafella and the other folks that built the US early on. Many came up poor or from working classes. I really do hope India can get rid of the caste system, though I know I don't understand it from a perspective of an ancient culture. India has the potential to be the next force of good and global leader. I really do hope they can reform their views of their countrymen even though they came from various regions and tribes through antiquity.

    • @thomasdevine867
      @thomasdevine867 2 роки тому

      The USA started with simple cheap manufactures and look how far we've come. Focus on feeding your people first, that is the basis of stability. Simple manufactures are the first rung on the ladder. Once you guys are on a stable ladder it will be simple.

    • @magnitskyact8154
      @magnitskyact8154 2 роки тому +10

      Scammers’ HQ🥴 You need to root out bad apples if you want to go anywhere as a country.

  • @EnverZueros
    @EnverZueros 8 місяців тому +2

    wishing India the best!!! love from California

  • @tararani6250
    @tararani6250 2 роки тому +375

    India might not be the leader of manufacturing but India is the king of Service sector. No one is near India in this sector. The only wrong decision India made was that India directly jumped from Agriculture to Service instead of Industrialization.

    • @darthvadeth6290
      @darthvadeth6290 2 роки тому +87

      With rise of AI tech, "service" will be less and less valuable. When one cheap "chat bot" can do the work of unlimited number of "customer service representatives", that scaling factor is too attractive, so every company is going to choose to add chat bots to their business website instead of hire, train, and pay for hundreds or thousands of Indian workers for each company every year.
      Even today, you already see human customer service being replaced by automated AI customer service bots on almost every website, including Amazon.
      5-10 years down the road...HUGE chunk of Indian work force will be out of a job and unable to find another, because their only skill is knowing how to speak a language which 10 year olds in America can do better 🤣
      Edit: somebody mentioned STEM, but the problem is developed countries have better access to STEM resources. That's why Apple, Microsoft, Google, etc...are all American companies. India only SEEMS to be better at STEM because they have a huge population therefore proportionally have a lot more STEM people. In fact, even in developing countries, China is beating India in STEM graduates and AI research.

    • @rcbrascan
      @rcbrascan 2 роки тому +29

      The service sector is evolving so in the next decade automation, AI and other technological innovations will replace the human factor which for India the challenges of unemployment for the younger population would stifle any future growth.

    • @davidkinnear1905
      @davidkinnear1905 2 роки тому +59

      Ahhh yes, I remember when years ago automatic translators were going to replace human translators. 20 years and human translators are in greater demand than ever in history.
      'Tis funny when people try to predict the future. It is almost never right.

    • @gourav4672
      @gourav4672 2 роки тому +57

      @@darthvadeth6290 it is literally the opposite, with rise of ai the only jobs that will see a rise in human resources are tech related which is India's Forte.
      edit: chinese 20 yrs ago were also not known for their tech companies, only thing holding back india is its manufacturing capabilities that has exponentially increased in past 2 years alone. "Indian picking crumbs" is so dumb comment. many said the same about china too, only time will tell.

    • @willy4170
      @willy4170 2 роки тому +7

      But the problem is that they are doing only low value jobs like call center and others, and it even is a small minority, since most of the country is still largely agricultural.

  • @nathantripp9134
    @nathantripp9134 2 роки тому +548

    Congrats on the early 2 million subs, mate, you've earned it. I always appreciate the feeling I get when I watch this channel. It makes me want to understand economies, the people behind them, and the reasons why they work. All the best for you and the team, cheers.

    • @Wickedtingzz
      @Wickedtingzz 2 роки тому

      I used to watch this channel all the time and there was another finance channel who always talked about quantitative easing , QE2 and how the fed was printing money over night non stop . I can’t find him , any suggestions ?

    • @imapimplykindapimp
      @imapimplykindapimp 2 роки тому

      @@Wickedtingzz not sure if this is what you’re looking for but Patrick Boyle is quite good

    • @akhanddbangladesh8274
      @akhanddbangladesh8274 2 роки тому +1

      lndia will be Sri lannka😅😅😅

    • @deevakela3534
      @deevakela3534 2 роки тому

      @@akhanddbangladesh8274 bhakk

    • @bhaskarbiswas9697
      @bhaskarbiswas9697 2 роки тому

      Wrong Indian map shown pls report this video

  • @AM-kf2zt
    @AM-kf2zt Рік тому +48

    As an Indian, let give a first hand view of how fast the economy has progressed in small towns. I started kindergarten in the early 2000s. My hometown then had just mud roads and things like dial-up and personal automobiles were considered a luxury. Now, they're building a flyover, automobiles are common and the dial-up is almost obsolete, with both cheap online capable smartphones being common place.

    • @kunalsaxena20
      @kunalsaxena20 Рік тому +1

      Cool , Where is your home town bro , who is in charge over there ?

    • @Ravi9A
      @Ravi9A Рік тому

      This could be literally any b tier or c tier town across the nation
      @@kunalsaxena20

  • @kevinxiao4665
    @kevinxiao4665 Рік тому +9

    India is called like Heaven in ancient China, and I am sure India will regain it's past glory in a few decades.

  • @Hola_007
    @Hola_007 2 роки тому +67

    I am from India and i proud to be Indian

    • @devarayanramasamy9995
      @devarayanramasamy9995 Рік тому +7

      I am from Malaysia citizen.proud to see My mother land India progress.

    • @amiteshsingh2747
      @amiteshsingh2747 Рік тому +3

      @@devarayanramasamy9995 great love you brother

    • @araujo3498
      @araujo3498 Рік тому +2

      U don't need to announce this everywhere instead tryn doing more more good things for the cointry

    • @saptarshisengupta8235
      @saptarshisengupta8235 Рік тому +2

      ​@@araujo3498 Woh apna pride dikhaye toh tera kya jal raha hai?

    • @golanfernandes
      @golanfernandes Рік тому +3

      ​@@saptarshisengupta8235 cause its kind of cringe when people do that all the time, im also proud to be indian but i wont go tell the whole world that.

  • @malala6750
    @malala6750 Рік тому +36

    Oversimplified, if it was just regulatory issues, the easiest thing to do is remove them, and India would become economic superpower. There're many core social-human-development issues that needs to be addressed before the economy can take off.

  • @frida507
    @frida507 Рік тому +46

    The middle class already have improved their lives a lot as I understand (never been to India though) but just imagine the growth potential of the domestic market when the poor in India improve their purchasing power. Like, selling 1... of any product/service really, to every Indian, that's huge! I just hope that there will be solutions to grow in a sustainable way.

    • @Zaheersaab-wn9ok
      @Zaheersaab-wn9ok Рік тому +4

      Communalism won't let happen otherwise my country is the best and have bright future ahead.

    • @DuniyadariByWorldPerspective
      @DuniyadariByWorldPerspective Рік тому +1

      @@Zaheersaab-wn9ok dont worry bro, once education reach to every community, every house and in every hands, i'm pretty sure that day will not take much time now... Just stay positive for 8-10 years... A request from my side, people like me and you, its ours responsibility to teach people around us that humanity is our first religion... I hope and same time request you to take this in positive way... Much love and best of luck brother ❤️

    • @sv6k0a39
      @sv6k0a39 Рік тому +1

      ​@@DuniyadariByWorldPerspective Indian kids are learning online. When these kids grow up, they will help grow the country. I really hope India overtakes China because China can't be trusted. India has always been relatively peaceful.

  • @MRTY323
    @MRTY323 Рік тому +69

    India and China started with pretty much the same GDP per capita in 1950s. After seven decades India now laggs behind China by a factor of five. The difference is only getting larger I'm afraid.

    • @IVaV1
      @IVaV1 Рік тому +29

      India opened up its internal markets in the 1990s, China opened up in the 1970s, I think you should compare from these points. And the difference isn't getting larger, India's economy is growing faster than China's meaning the gap is narrowing

    • @aandjain8274
      @aandjain8274 Рік тому +9

      🙂🙂 not sure if you are frustrated or fearful but your comment exposes that side only. What you mentioned is just on the exterior but you didn't (may be intentionally) is that india opened up her economy much much later. Having said that not even a single indian wants india to be like China. Its like a golden cage. India will take her time & reach where she deserves to be

    • @hiteshgujarathi4636
      @hiteshgujarathi4636 Рік тому

      ​@@qqjacklol😂😂😂. Do you even know how CCP model works? Do you know how blatantly china lies?
      Please don't come with this stupid argument. We know china is ahead of us right now but atleast our growth is real and we have better fundamental than liers.

    • @geethasanthosh6084
      @geethasanthosh6084 Рік тому +4

      It's not our time dude the average age in India is 28 and china is 38. We have more youth that means we have a decade more . India's population will decline after 2064 but China's is already declining . India is a democracy and is growing slowly and steadily.

    • @OliverTe-eg9pc
      @OliverTe-eg9pc Рік тому +12

      As a Chinese, I hope to make friends with a rapidly developing economy instead of becoming an enemy. India and China can better develop Asia through cooperation.

  • @jimflagg4009
    @jimflagg4009 2 роки тому +209

    Its has good potential but they need to fix some issues first. The key one being corruption which should solve some wealth gap and education issue.

    • @soudipsanyal
      @soudipsanyal Рік тому

      Corruption is a propaganda. Every part of the world is corrupt, that is nothing new. USA is probably the most corrupt country on earth. We all saw the GameStop & ftx cases in recent time. Whole afgan campaign of USA was nothing but to perform corruption. Everytime a developing country is discussed , "corruption" is a term that is thrown in the middle to bring them down.

    • @rajasmr156
      @rajasmr156 Рік тому +29

      I agree on corruption and education, but common belief of India's wealth inequality is not completely true. If you go by gini index, US & China have much larger wealth inequalities compared to India.

    • @premsadanand1563
      @premsadanand1563 Рік тому +1

      So true...

    • @Nameles305
      @Nameles305 Рік тому +1

      More corruption in China
      Especially on top level but hidden from public and world

    • @jimflagg4009
      @jimflagg4009 Рік тому

      @@Nameles305 This is true.

  • @michaelvick2872
    @michaelvick2872 2 роки тому +236

    I feel like even though India is not the same as China, it is still a great investment opportunity in terms of a general index. Set it and forget it, in 100 years your grandkids are rich.

    • @AbhayKumar-cm2kh
      @AbhayKumar-cm2kh 2 роки тому +12

      100 % true

    • @tdxhniu
      @tdxhniu 2 роки тому +29

      You must be indian

    • @nknkannadiga9742
      @nknkannadiga9742 2 роки тому +18

      I disagree India is going in capitalists wave. I am 19. Maybe I will get rich. But my grandkids will be anti capitalism like because of monopolies

    • @michaelvick2872
      @michaelvick2872 2 роки тому +23

      @@tdxhniu polish, just have a general idea of geopolitics and India could rival chinas manufacturing that is their long term goal after all. Even if they don’t, they will still be a major manufacturer imo.

    • @mikejazz3001
      @mikejazz3001 2 роки тому +3

      This could be an argument that people use for investing in somewhere like China, an economic boom does not necessarily mean that you can capture said growth in an index fund. The political climate, market restrictions, corruption, and the annoyance of ADRs should be considered when investing.

  • @yashvardhanojha6796
    @yashvardhanojha6796 2 роки тому +96

    You can literally see the progress on ground.
    My villege is now well connected with cities with great highways.
    Private investments into opening small businesses have increased.
    Just a week ago someone opened a cafe that serves pizza !
    These are the signs of growth .
    UPI is present everywhere,even the hawkers are comfortable in accepting digital payments.These hawkers can be considered a part of formal economy in near future as we move towards higher level of digitalisation.
    Here in India we are literally witnessing a massive change , something like a slow and steady revolution.

    • @MagicMike_101
      @MagicMike_101 2 роки тому +4

      From nothing to something is easy. The medium income trap is almost impossible to break, and it's still a long way to even get there.

    • @indicrenaissance5712
      @indicrenaissance5712 2 роки тому +7

      @@MagicMike_101 a middle income India would also be a massive improvement over today's India

    • @MagicMike_101
      @MagicMike_101 2 роки тому

      @@indicrenaissance5712 zzZZZzzzzzz

    • @peterparker9954
      @peterparker9954 2 роки тому

      India is developing super fast under Modi
      Congress destroyed India and now Modi since 2014 has been repairing the damage done by the evil Congress

    • @Manikanta21J
      @Manikanta21J 2 роки тому

      @@MagicMike_101 Why do I see you on every comment, spewing bad and misinformed details? If you don’t know to appreciate some good, don’t you think it’s better to shut up?

  • @ramkumarsharma6331
    @ramkumarsharma6331 Рік тому +3

    India superpower 2050. Let's build such a powerful and prosperous India that the whole world will bow to us and try to migrate.

    • @smithjerry470
      @smithjerry470 6 місяців тому

      before that, you should dismiss the caste system, otherwise, no chance.

    • @smithjerry470
      @smithjerry470 6 місяців тому

      I mean dismiss it from the root compelely. everyone born to equal.

  • @natarajansukumar681
    @natarajansukumar681 2 роки тому +44

    Excellent insights. Narrated in a easy style. I learnt a lot and subscribed..look forward to listening more

    • @ashishb
      @ashishb 2 роки тому

      Like Kashmir missing from the Indusn map at 0:03?

    • @natarajansukumar681
      @natarajansukumar681 2 роки тому

      @@ashishb Oops Didn't see that at all. Big Miss!!

    • @pranavsingh6395
      @pranavsingh6395 Рік тому

      ​@@ashishb the guy accepted his mistake in a comment... Give him a break

  • @cmdr1911
    @cmdr1911 2 роки тому +20

    Really been enjoying the increase in content. Keep up the good work

  • @satyasiddhamishra4950
    @satyasiddhamishra4950 2 роки тому +56

    You should make a video on UPI. It is a game changer in the digital economy of India. Today the number of digital transaction in India is double than that of China.

    • @haydenriggsnz
      @haydenriggsnz 2 роки тому +5

      Good point, but in western countries we look at this, as trying to solve a wrong of the past, not documenting people from birth etc, and giving them real banking services. When people can't get bank accounts in a formal economy then you have to be creative, and that's UPI....I don't count it as being a thing of national pride, in someways its creative, on the other hand it's fixing a failure.

    • @reddragon100
      @reddragon100 2 роки тому +4

      @@haydenriggsnz Failure is the failure of country at that time not current govt. that do not even exist at that time

    • @haydenriggsnz
      @haydenriggsnz 2 роки тому +1

      @@pulse3554 Good points, I really feel for India under British rule ❤️, but how many years does it take to mop up the mess ?.

    • @Tacoma-W
      @Tacoma-W 2 роки тому

      The Indian scammers are taking full advantage of that

    • @formyloveh
      @formyloveh 2 роки тому

      The UPI statistic is simply not true unless India has more users who make on average more transactions than the Chinese do ( I highly doubt that’s the case, mind you the difference in per capita gdp is 4 times). China has 1 billion mobile payment users and they don’t use cash at all. It’s all political misinformation.

  • @bhavikakaramchandani1348
    @bhavikakaramchandani1348 Рік тому +8

    Just wanted to bring it to your attention the map you used for the intro was incorrect

  • @ChaitanyaAtre1096
    @ChaitanyaAtre1096 2 роки тому +518

    Could have explored PLI schemes , Defence manufactuing and UPI digital growth to digitalization

    • @BeE_AriyaN
      @BeE_AriyaN 2 роки тому +96

      Well without these 3 the video is definitely incomplete

    • @parshu.9309
      @parshu.9309 2 роки тому +71

      Yeah true and because of UPI lot of informal economy is becoming formal

    • @jaysnehpandey7089
      @jaysnehpandey7089 2 роки тому +38

      Also national logistics policy, make in india too

    • @RahulSharma-dq4yr
      @RahulSharma-dq4yr 2 роки тому +12

      He is giving an overview of economy. Details like these will make it much longer.

    • @BeE_AriyaN
      @BeE_AriyaN 2 роки тому +31

      I have a feeling that this video will have a 2.0 within next 5 years 🤟🏻
      UPI, ONDC, PLI, NLP, Atmanirbhar Bharat (Make in India), Indigenous defence export etc (to name a few) are almost left out, which are definitely going to bear fruit in coming years 🤟🏻😇

  • @marshallmarthes
    @marshallmarthes Рік тому +22

    Feels like 2014 was the year that India changed for Almost 70 years there was no progression in the country but since the last 5 years to 8 years you can see there has been significant amount of progression in the country and finally it is on the way up

    • @Valueinvestment22
      @Valueinvestment22 Рік тому +2

      When a nationlist govt came in 2014

    • @Dara_107
      @Dara_107 Рік тому +1

      I think it was rather 2008, and then it started accelerating by 2014 with the support of good economic policies.

  • @dulio12385
    @dulio12385 2 роки тому +16

    The Permit Raj is a thing of legend; You'd have to spend 2 years and thousands of rupees just to import one desktop PC during the 80s.

  • @JayB-dm1vb
    @JayB-dm1vb Рік тому +16

    Wishing India the best. The US fully supports India's advancements... until India becomes too powerful at which point the US will try to suppress

  • @kalyanram570
    @kalyanram570 2 роки тому +94

    Over confidence will be bad for us. Let’s keep our heads in the game and work sincerely 🇮🇳

    • @beingindian1335
      @beingindian1335 2 роки тому +2

      U should have also suggested some piece of advice to naysayers & professional oppositionists in our society and politics. The reversal of farm laws was not done bcoz they were haphazardly implemented but bcoz anti national forces hijacked farm issue for their vested interests and political opponents rode the bandwagon to remain relevant in politics. This pathetic situation needs to be addressed first than ur advice

    • @chinmayakumarbehera4754
      @chinmayakumarbehera4754 Рік тому +2

      Only Sensible Comment

    • @praveenkanth8619
      @praveenkanth8619 Рік тому

      Jai Hind brother , keep vibe.

    • @ivak4802
      @ivak4802 Рік тому

      Voting for the right govt is crucial.

    • @rustysickle2528
      @rustysickle2528 Рік тому

      Realistic Indians like you is key to India's prosperity!

  • @utpaalbadwaik7638
    @utpaalbadwaik7638 2 роки тому +24

    India is a civilization evolved over thousands of years....India believes in a happy world and has all the potential to steer the world towards brighter future

    • @MACKOBII
      @MACKOBII 2 роки тому +5

      India is a land where there used to be thousands and thousands of individual tribes.

    • @MACKOBII
      @MACKOBII 2 роки тому +2

      @CA tribes fight for themselves

    • @Himanshukumar-ek7fh
      @Himanshukumar-ek7fh 2 роки тому +1

      @@MACKOBII Never. And those were big clan which got united under Mauryan empire and came under same Dharma. Then it now. Definitely Many empire came. But the identity of Bharat(India) remain Same.

    • @harshithamuthyala2701
      @harshithamuthyala2701 2 роки тому +2

      How? There were fights between each and every king that's neighbouring. That's how britishers captured Veerapandyan. You mentioned Mouryan times.. Didn't Pushyamitra shunga kill lot of Indians too.... Ideally, this geographical land has nothing to do with Dharma like you said. Everyone fights for their own land and power at the end.

  • @pranganao7395
    @pranganao7395 2 роки тому +30

    I think this channel has the same misunderstanding about India's problems just like many other western economists. India's unemployment rate is 7-8% only but employment rate is never more than 36%. This is because a bigger problem here is actually low labour force participation rate. It was 47% in 2014 and under Modi, it has actually declined further to 39%. Among women, it's even worse at barely 9%, the second lowest rate in the world. About 60% of the people of working age aren't even searching for jobs so how can they be counted unemployed?

    • @aashidasgupta5123
      @aashidasgupta5123 2 роки тому

      Yes half of the people here are delusional. Economic growth has come down significantly under Modi govt. He isn't any better than Xi and again and again he has introduced plicies to harm it's own people. What i see is india's economy furthur shrinking atleast till this govt is here.

    • @anshuraj4277
      @anshuraj4277 2 роки тому +5

      Unemployment has grown under Modi

    • @Jumlebaaz_Feku_Ayega_2024
      @Jumlebaaz_Feku_Ayega_2024 2 роки тому +2

      In employment rank India 55/60 countries.

    • @mrgyani
      @mrgyani 2 роки тому

      Wow! Shocking stats.. Thanks for the info
      The Modi govt has been nothing but a propaganda campaign.

    • @lamchunting856
      @lamchunting856 2 роки тому

      This channel uses extremely broad strokes to discuss a topic, surface level information yes but nothing below

  • @SumedhDeotale
    @SumedhDeotale 8 місяців тому +3

    Foreign youtubers earlier didn't used to show a portion of KASHMIR when they showed the Indian map coz there's conflict over it. Now they are not even showing it as a part of India. What kinda propaganda is this? 0:02

    • @assassincreed1238
      @assassincreed1238 7 місяців тому

      India doesn’t have the clout like China does or the money

  • @isbestlizard
    @isbestlizard 2 роки тому +80

    I live in Costa Rica and our biggest exports are medical devices!! We're adding lots of value :D

    • @JK-gu3tl
      @JK-gu3tl 2 роки тому

      Thank America and its regulations.

    • @Anish-IITP
      @Anish-IITP 2 роки тому

      yea i have read you guys have cut military and added it to medical services. i hope any mishap wont happen to you _/\_.

  • @anshulmishra5521
    @anshulmishra5521 2 роки тому +108

    I have been a fan of your videos and I was eagerly waiting for you to rank India on the EE scale. I found the content very informative (as always). But I want to take a moment to appreciate that you used good quality videos, showing a 'balanced' image of India, IMO. Often non-Indian UA-camrs just use stereotypical images/videos of chaotic streets, animals blocking the traffic, and a generic classical Indian music backdrop to portray India. Those things undeniably exist and are even commonplace in India. However, those UA-cams also fail to show the other India which is new and modern, and dare I say 'normal'. Great drone shots. I am glad you chose those for your video.

    • @praddumnvats6759
      @praddumnvats6759 2 роки тому +8

      NRI spotted

    • @nirajshrivastava1
      @nirajshrivastava1 2 роки тому +3

      wake up! he showed that our per capita income is 2500$, but hides the fact that second richest person in the world is Indian. obviously a anti national of highest order.

    • @praddumnvats6759
      @praddumnvats6759 2 роки тому +12

      @@nirajshrivastava1 coz every indian is fully aware of how he became 2nd

    • @avishekbhattacharjee812
      @avishekbhattacharjee812 2 роки тому +15

      @@nirajshrivastava1 how does that benefit other 1.4 bil people if one man is insanely rich?

    • @sankhadippatra2740
      @sankhadippatra2740 2 роки тому +9

      leave everything why your profile pic is of USA flag??? what an annoying thing!!!

  • @tushardas9825
    @tushardas9825 2 роки тому +46

    Fact is we don't want to be China ( No disrespect to China) , we want to be a new age India with our own individuality and with our own style 😊

    • @christopherbassit2757
      @christopherbassit2757 2 роки тому

      It’s ok to disrespect Chinese leaders. Fuckin Commies

    • @d_reeves1133
      @d_reeves1133 2 роки тому +2

      Well there's already a dictatorship but it would have been better if their focuses were on economy and infrastructure rather than religion and temples 😂

    • @amiteshsingh2747
      @amiteshsingh2747 Рік тому +9

      @@d_reeves1133 both are equally important

    • @zz-ww6fv
      @zz-ww6fv Рік тому +3

      I'm from China. I don't want to make Indians feel bad by telling the truth. Come on.

    • @-rate6326
      @-rate6326 Рік тому

      ​​@@zz-ww6fv In nominal terms. China's GDP in 2008 was similar to the GDP of current India. India is democracy. Expect slow growth

  • @ck3289
    @ck3289 Рік тому +2

    I am an Indian and I want my country to grow for the world to be at peace

  • @chris7263
    @chris7263 2 роки тому +60

    As an American, every time I hear a story about India's potential I feel like I'm standing on the sidelines desperately cheering and crossing my fingers. We won't be the superpower forever and I would really, really rather hand the torch off to another democracy.

    • @greatwolf5372
      @greatwolf5372 2 роки тому +5

      Democracy the god that that failed

    • @josuemanuelparejacontreras6004
      @josuemanuelparejacontreras6004 2 роки тому

      Let's hope this new democratic superpower would not behave like a "world police" and impose "democracy" trough war, like a current DEMOCRATIC SUPERPOWER WE ALL KNOW ...

    • @MrMasterCGO
      @MrMasterCGO 2 роки тому +10

      You really don't know much about India

    • @michaelfried3123
      @michaelfried3123 2 роки тому +1

      they are a highly racist class stratified society, democracy in name only...more like another potential kleptocracy in the making (just like their buddies Russia)

    • @rahulpratap3459
      @rahulpratap3459 2 роки тому

      USA will always remain superpower of world. No one can replace then not even China.

  • @星辰大海-r8u
    @星辰大海-r8u Рік тому +27

    我是中国人,虽然我们在领土问题上有分歧或者说是矛盾,但是我真心希望两国能够互相学习和交流。学习彼此之间的长处!最后祝福两国人民健康快乐,解决问题!祝福两国交好

    • @zz-ww6fv
      @zz-ww6fv Рік тому +4

      算了吧,印度人太自信了,一起发展的,现在还在地上爬

    • @AM19065
      @AM19065 Рік тому +4

      We wish the same too! If we put our differences apart we can put Asia back at top again!

    • @funnychanisback7679
      @funnychanisback7679 Рік тому

      @@zz-ww6fv you guys had yourself headstarts

    • @andyqian1241
      @andyqian1241 Рік тому +2

      一厢情愿

    • @harivishvibes
      @harivishvibes Рік тому

      We wish the same bro

  • @OldTexasRed
    @OldTexasRed 2 роки тому +43

    Unpopular opinion: I think that India's slower growth and greater level of bureaucracy is a net good in the long run. We have a century and a half of examples of nations seeing rocket powered growth which then over heats the economy. The end result is that once the growth starts to slow a major crash/depression/recession follows. History shows that slower but more steady growth tends to be much more stable and see fewer and less severe pull backs.

    • @Joker-yw9hl
      @Joker-yw9hl 2 роки тому +13

      There is an argument to be made for slower growth but only once you are a fully developed economy, like a North European country. India would be better off growing faster before leveling off, but hey - I might be wrong

    • @svanimation8969
      @svanimation8969 2 роки тому

      Like Rabbit 🐰 vs turtle 🐢 race 🤣

    • @Kevin-fq3zh
      @Kevin-fq3zh 2 роки тому +3

      india needs growth to create jobs period. it is the quality of the growth that matters

    • @vinniechan
      @vinniechan 2 роки тому +2

      Peter Zeihan made an argument for industrialisation that broadly parallels
      Basically Europe and the west started industrialisation with cotton and slowly moved towards higher end over 200 yrs
      In the meantime the countries have time to adjust their society with institutions like labour laws public healthcare all that
      China which did everything in 40 yrs basically didn't have that time to create all those and u can see the issues

    • @Allinonetvz
      @Allinonetvz 2 роки тому +5

      The only problem being, india’s population is going to decline in the next 40 years. Now is the start of the golden age of India, we need to lay our foundations to achieve.

  • @taranisahu911
    @taranisahu911 Рік тому +4

    It's very impressive the way you explained the LPG reforms of 1990s, as I have studied in detailed I can say for sure it's really well comprehended & compressed.. 😊😊

  • @Zxcvbnmq527
    @Zxcvbnmq527 2 роки тому +16

    India still has a lot of ground to cover. Changes are there. Still we are lagging behind in many sectors when compared to other countries.
    Even most of the india started using internet after 2016, before that it was very limited. We have still a long way to go in terms of education, health, infrastructure etc.

  • @omprakashmahanta5547
    @omprakashmahanta5547 2 роки тому +75

    As someone working in the IT export industry ,the incredible investments that I am seeing these days by multinational companies in India is truly mind blowing.
    I make around 1200 dollars every month and live like king in Noida,UP because of my nation's PPP.

    • @prabhjotsingh4738
      @prabhjotsingh4738 2 роки тому +1

      Well, I think u live with ur parents , if u ll stay alone than it will be lower middle class life in metri cities with 1200

    • @omprakashmahanta5547
      @omprakashmahanta5547 2 роки тому +10

      @@prabhjotsingh4738 No bro living with parents at 24 is no good,I mean where is the freedom.
      I live in city with my other 2 friends.
      Although all 3 of us worked from home after lockdown, I had my MBA going on in online it's just impossible to study at home.
      We have rented a 3bhk flat(my share just 8k),I have my own bike Yamaha R6(although I use Ola/uber most of the time😅),I am planning to buy my 1st electric car , also people here are so liberal you can bring in anything Alcohol, Marijuana, girls 😅(all three of us have girlfriends) without any roktok.
      We party/travel/sport every weekend,
      Of the nearly 1lac that I get I spend out around 70k, save 30k minimum as savings money.
      Also my friends/parents are always there behind me if things go wrong.
      Without the digitisation drive of Government this lifestyle would be impossible, I feel as if I am living the new India dream. I donno about others but at 24 this is king size life to me .

    • @zhangburnham7226
      @zhangburnham7226 2 роки тому +4

      what kind of king rent a flat?

    • @omprakashmahanta5547
      @omprakashmahanta5547 2 роки тому +10

      @@zhangburnham7226 I share it with my friends, I living my best life. Independent and free.

    • @zhangburnham7226
      @zhangburnham7226 2 роки тому +1

      @@omprakashmahanta5547 good for you

  • @zeppkfw
    @zeppkfw 2 роки тому +55

    I love the pragmatic way you tackle these topics. It’s good to see.

  • @ExplainMastersNew
    @ExplainMastersNew Рік тому +1

    Great Development 🎉

  • @meeRock897
    @meeRock897 2 роки тому +138

    Your videos continue to improve week after week and it’s inspiring to see such an intelligent, consistent and well educated content creator regularly produce such amazing pieces of educational art. Cheers mate!

    • @kuankuan8024
      @kuankuan8024 2 роки тому +1

      ENDIA IS JEALOUS CHINA BUILDING OWN SPACE STATION WHILE ENDIA BUILDING TOILETS🤣

    • @Shitoryumaster
      @Shitoryumaster 2 роки тому +1

      I'm not all that into economics but I really do enjoy E.E's content

  • @ethribin4188
    @ethribin4188 2 роки тому +86

    I have faith in India.
    They very much have the will and determination to do it right.
    But just like the enthusiastic homeless who puts his heart into the job he finally got, because he wants to build a stable lucrative future for himself, India has to fix a lot of leftover from its messy past.

    • @arminiuschatti2287
      @arminiuschatti2287 2 роки тому +7

      If India forsakes the Caste System, your vision could be realized.

    • @bhuwaneshwarsahu5419
      @bhuwaneshwarsahu5419 2 роки тому +12

      @@arminiuschatti2287 If you start working to remove it then your vision can change

    • @HypnosisBear
      @HypnosisBear 2 роки тому +11

      @@arminiuschatti2287 India has changed a lot in modern times when it comes to caste system buddy. People's mindset has also changed significantly in the past 30-40 years. These days it's not a big issue. As a person belonging to lower caste I would say such discrimination is almost non-existent these days :)
      Thx for reading. Cheers 😘 🥂👍

    • @arminiuschatti2287
      @arminiuschatti2287 2 роки тому +3

      @@HypnosisBear That is encouraging, however, it probably isn’t reaching the rural areas. I know with certainty it was still relevant 15 years ago. It requires a change of perspective that a large portion need to ask, “Does Shiva prize the life experience of a Brahmin over a Dalit?”

    • @Allah_is_gay
      @Allah_is_gay 2 роки тому +5

      @@arminiuschatti2287 Hmm come out of western media outlets and start focusing on international one's :) Btw racism is high AF there in west they can't be called fully developed untill racism and gun violence is over

  • @ck_naik
    @ck_naik 2 роки тому +6

    Kashmir is solely part of India, please be accurate about it. If you love india then be accurate about the fact. J&k is not just Kashmir, Jammu and ladakh is always part of India we may have some confusion about Kashmir.
    We Indian will make sure these facts reach every person in this whole world.
    0:02 is purely wrong