China's industrial output for 2023 accounted for a staggering 39% of the entire world's overall manufacturing. It is even larger than that of the US, EU, JAOAN, SOUTH KOREA, MEXICO, INDIA AND VIETNAM combined.
'Make in India' is an initiative by the Government of India in 2014 to create and encourage companies to develop, manufacture and assemble products made in India and incentivize dedicated investments into manufacturing. The goal was to increase India's manufacturing share of GDP from 17% to 25% by 2022. However, it's already 2024 and India's manufacturing ratio to GDP has fallen to 13% from 17%. What an achievement LOL!!! Some manufacturing ratio to gdp data for other developing countries: Vietnan 25% Thailand 27% China 28% Mexico 22% But for India is 13% !!!!!!!!!!!
Because It's also account for IT industry like software development and Coders etc....India has two growth industry unlike China who only relies on one....Plus India would have agriculture security too which would help in food security unlike China who relies on other countries for food.....
If western world want to manufacture product in India, make it just for western world please, there's a reason for decades only east Asian companies from Japan, Korea, & now China emerges as powerhouse. Just look at the average world IQ statistics. I'm not even east Asian but I want reliable products made by capable smart people when I buy it.
Only easy asian companies rise up as powerhouses the 4 most valuable companies on earth are American, the largest automobile brand is Germany, largest electronics brand in American, largest home appliances brand is German, largest medicine brand is American, largest food brand is American. India is making smart products though we haven't reached east Asia yet but we trade to our neighbours and Africa
Is like proclaiming yourselves as the top dog or the overall Olympic champion/sport power already when you r just starting to join and competing in the games. In reality, India has long joined.....
winning games in olympics = super power. Chinese Premier Li Keqiang made a shocking remark at a press conference following the closing session of the National People's Congress meeting: China has *600 million* people with a monthly income of 1,000 RMB ($140USD). That was Li's response to a question about poverty alleviation.
@@destiny4936 Modi has already gave up on manufacturing, he said "India must shift from manufacturing to services. ‘Make in India’ needs course correction" LOL
@@diuleisin largest chip manufacturing unit is setup in Gujarat. Highest investment on building roads, bridges, express ways, vande Bharat express etc, world's largest diamond hub in Gujarat, from being the largest importer to slowly moving towards selling defence equipment to smaller countries like Phillipines, Manufacturing indigenously built ships in kochi, the pace at which all these are happening is tremendous. I can list many more. People who are blind won't understand reality.
current so called "fast" growth of India is not due to "India's rise as a global manufacturing hub", far from it, but due to GOI's put money into infrastructure building, with borrowed money, to make it is appear to be a "fast" growth to show up in GDP. The problem with this is no one knows if the money input into roads, tunnels, airports, bridges... can generate enough fund to pay back the huge interests, or it may fell into 'debt trap" as an Indian created this word for China's BRI project, in fact, India is the largest money borrower from AIIB, a bank that China set up for BRI.
Factories struggle to find workers bere majority of people are just busy preparing for govt exams because they dont have college degrees which give them any skill
simply check the total manufacturing output, for China it is $5 trillion a year, for India, it is $450 billion a year, only 1/11 of China's. look around, what electronics in your house hold made in India?? China is now the largest car exporter in the world.
India's manufacturing in GDP dropped from 16% to 13%. Furthermore, despite Modi promised to create 100 million jobs in manufacturing from 2017 to 2021, India lost 24 million manufacturing jobs. The US Wall Street Journal recently published an article titled "India Wanted a Manufacturing Boom. Its Workers Are Back on the Farm Instead,"
India will grow in low end labour intensive manufacturing as China move into high end AI manufacturing. BUt India still has to address its gender issues and critical infrastructure
The Philippines is waiting for India's products.
Philippines support India.
India support Philippines but both of them is hopping that the other will make the first move😅😂😅😂😅
Trade bananas.
Curry bananas should be on the menu for India to trade.
@@phillipchan6919bananas ares waiting for chinese back..i😂
@@phillipchan6919 and curry for your back(b....ty)
We should work on critical technology...to grow faster.
Technology like condoms would be good 😂
Major shift,big achievement and success 🎉.
Gongrations to India's becoming a global manufacturing hub. But why do you always tie Indian things to China?
Vietnaam and Indonesia are....
China's industrial output for 2023 accounted for a staggering 39% of the entire world's overall manufacturing. It is even larger than that of the US, EU, JAOAN, SOUTH KOREA, MEXICO, INDIA AND VIETNAM combined.
'Make in India' is an initiative by the Government of India in 2014 to create and encourage companies to develop, manufacture and assemble products made in India and incentivize dedicated investments into manufacturing. The goal was to increase India's manufacturing share of GDP from 17% to 25% by 2022. However, it's already 2024 and India's manufacturing ratio to GDP has fallen to 13% from 17%. What an achievement LOL!!!
Some manufacturing ratio to gdp data for other developing countries:
Vietnan 25%
Thailand 27%
China 28%
Mexico 22%
But for India is 13% !!!!!!!!!!!
Because It's also account for IT industry like software development and Coders etc....India has two growth industry unlike China who only relies on one....Plus India would have agriculture security too which would help in food security unlike China who relies on other countries for food.....
All of those countries combined have a smaller IT industry, if we were solely focused on manufacturing it would have been 25-26% by now
If western world want to manufacture product in India, make it just for western world please, there's a reason for decades only east Asian companies from Japan, Korea, & now China emerges as powerhouse. Just look at the average world IQ statistics. I'm not even east Asian but I want reliable products made by capable smart people when I buy it.
Only easy asian companies rise up as powerhouses the 4 most valuable companies on earth are American, the largest automobile brand is Germany, largest electronics brand in American, largest home appliances brand is German, largest medicine brand is American, largest food brand is American. India is making smart products though we haven't reached east Asia yet but we trade to our neighbours and Africa
Is like proclaiming yourselves as the top dog or the overall Olympic champion/sport power already when you r just starting to join and competing in the games. In reality, India has long joined.....
wion - ' india to overtake China at the Paris Olympic Summer Games ... '
winning games in olympics = super power.
Chinese Premier Li Keqiang made a shocking remark at a press conference following the closing session of the National People's Congress meeting: China has *600 million* people with a monthly income of 1,000 RMB ($140USD). That was Li's response to a question about poverty alleviation.
Huge industrial investment is coming to China from western industrial countries...
Keep coping 😂😂😂
This isn't 2004😂, even Chinese companies are outsourcing to Vietnam and such.
dreaming is pretty, it is fun, it is pleasure, it costs nothing, so just keep dreaming.
Thanks, you have reassured us that we are doing a good job
Please do not always compare between mosquito and dragon. compare between pinoy and india first.
Mosquito stealing Dragon's job😂
First India will have to erase the image as a investment graveyard well known around the world.
Here we go again. We will/expect/might be/possible.....😅😅😅😅
Here have some tissues to wipe off your tears🤧
April 1st came much earlier this year 😂😂😂
Modijj will make it possible. So people who are laughing will need to smoke their own pipe.
Modi media fooling the Indiots. 😂
I say laugh all you can because your laugh reflects your insecurities!!
@@destiny4936 Modi has already gave up on manufacturing, he said "India must shift from manufacturing to services. ‘Make in India’ needs course correction" LOL
@@diuleisin largest chip manufacturing unit is setup in Gujarat. Highest investment on building roads, bridges, express ways, vande Bharat express etc, world's largest diamond hub in Gujarat, from being the largest importer to slowly moving towards selling defence equipment to smaller countries like Phillipines, Manufacturing indigenously built ships in kochi, the pace at which all these are happening is tremendous. I can list many more. People who are blind won't understand reality.
Companies would have to be high or plain dumb or both to invest in India
modi/jayshankhar is very busy to serves 🫖🫖🫖☕☕🍵🍵
Just dreaming
How so?
current so called "fast" growth of India is not due to "India's rise as a global manufacturing hub", far from it, but due to GOI's put money into infrastructure building, with borrowed money, to make it is appear to be a "fast" growth to show up in GDP. The problem with this is no one knows if the money input into roads, tunnels, airports, bridges... can generate enough fund to pay back the huge interests, or it may fell into 'debt trap" as an Indian created this word for China's BRI project, in fact, India is the largest money borrower from AIIB, a bank that China set up for BRI.
@firetree2007 Dreaming about debt trap for India? All the infra is built in private partnership BOT PPP model, so dont worry!
😂😂😂😂
The biggest joke I have ever heard 😊
Factories struggle to find workers bere majority of people are just busy preparing for govt exams because they dont have college degrees which give them any skill
That will became a disaster for India not Indians. 😮
The most beautiful thing is only in curry's dream
Tell USA to produce iphones in USA, if americans are competent to produce iphones why outsource the work at all ? its contradictory
simply check the total manufacturing output, for China it is $5 trillion a year, for India, it is $450 billion a year, only 1/11 of China's. look around, what electronics in your house hold made in India?? China is now the largest car exporter in the world.
Tv , smart watch , drone , mobile , i dont have any chinese equipment in my home you are in dilusion
@@yageshgupta8598 ？ 75% Indian smart phones are China's brand. it shows you are just too poor,
@@firetree2007Your stupidity is exemplary. Samsung and LG are the 2 most sought after brands in India.
@@subhodipbanerjee6699 tell me, stupd , are Samsung and LG Indian brand??
@@yageshgupta8598Indian brands like TATA, Mahindra are not recognise in international level.
India's manufacturing in GDP dropped from 16% to 13%. Furthermore, despite Modi promised to create 100 million jobs in manufacturing from 2017 to 2021, India lost 24 million manufacturing jobs. The US Wall Street Journal recently published an article titled "India Wanted a Manufacturing Boom. Its Workers Are Back on the Farm Instead,"
Chinese bot cry more 😂
This is usa bot😂
India will grow in low end labour intensive manufacturing as China move into high end AI manufacturing. BUt India still has to address its gender issues and critical infrastructure
Infrastructure has been sorted and the whole thing with female employment is working out as over 100 women are currently employed.