India's manufacturing is moving at the speed of a bullet train only in the narratives of Modi supporters.
Reality is like Indian freight trains whose average speed is 25 km/h (that's a fact, btw).
Consider India's exports of goods. In 2011, it was $300 billion. Over the next 11 years, it grew 50%.
Meanwhile, starting at the same point in 2002, China's exports grew more than 500% over the next 11 years.
50% versus 500%.
Bullock Carts versus Bullet Trains.
Dreams of a superpower colliding with reality.
Want to fix this? Talk hardcore engineering, systems and process analysis, management, supply chain, FDI, trade policies, training, R&D, infrastructure etc.
Anonymous
4 comments:
US retail sales up 0.5%
China’s retail sales up 13%
Guess how the Western media report them?
“US sales better than expected!” CNN, June 15
“China’s economic data fuels gloom” FT, June 15
American/British propaganda are really unbelievable!
It’s a disorder of mind and soul.
The problem is they honestly believe that others will believe whatever propaganda they reported. Therefore, whatever is unbelievable matters not, as long as they themselves believe in their own lies.
If US sales better than expected, why are retail businesses closing down like a house of cards? Oops, they were probably talking about weapon sales to Nato and Ukraine. Yeah, they do have a point.
'Bullock Carts' they may be, but to the Indians they are like 'Bullet Carts'. Comparable to Bullet Trains in their minds. Wonder whether they can go faster than 25 km/h?
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