South Asia Dark truth about Indian economy

South Asia Dark truth about Indian economy
Mrloveday
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G  South Asia
Saif said:
Even if we exclude oil, coal, diamond and gold from the list, India still is depended on other countries for chemicals, pharmaceuticals, rubber, plastics, electronics, and machinery. Peace.
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So what? Even US is dependent on India for Pharmaceuticals. Many nations uses Indian petroleum products. All major countries in world dependent on India for software and other consultancy services.

Even our engineering goods export and automobile export is touching all time high.

Engineering Goods Exports​


  • Total Exports: India's engineering exports reached an all-time high of USD 116.67 billion in FY 2024–25, up from USD 109.3 billion in the previous year. Naveen BJD Nomination
  • Top Destinations:
    • United States: USD 17.27 billion (8.27% YoY growth)
    • United Arab Emirates: USD 7.56 billion (44.66% YoY growth)
    • Germany: USD 3.83 billion
    • United Kingdom: USD 3.58 billion
    • Saudi Arabia: USD 5.18 billion trade.eepcindia.org
  • Key Sectors: Aircraft components, electrical machinery, auto parts, industrial machinery, and medical instruments were major contributors. Reuters
  • Challenges: The introduction of 25% U.S. tariffs on Indian steel, aluminum, and auto components is expected to impact up to USD 7.5 billion of India's engineering exports.

🚗 Automobile (Car) Exports​


  • Total Exports: India exported between 755,000 and 765,000 passenger vehicles in FY 2024–25, marking a 12–14% increase over the previous year's 672,000 units. This surpassed the pre-pandemic record of 676,000 units in FY 2018–19. The Economic Times
  • Leading Exporter: Maruti Suzuki led with 332,585 units exported. The Economic Times
  • Top Export Markets: South Africa, Mexico, Saudi Arabia, United Arab Emirates, and Chile. exportimportdata
  • Export Value: While specific figures for FY 2024–25 are not provided, in FY 2022–23, India's car exports were valued at USD 6.68 billion, ranking as the 10th most significant export category. exportimportdata
  • U.S. Market: Exports to the U.S. were minimal, totaling USD 8.9 million in 2024, accounting for just 0.13% of India's total car exports. Angel One


For more detailed and sector-specific export data, you can consult the Engineering Export Promotion Council (EEPC) Trade Portal and the Society of Indian Automobile Manufacturers (SIAM).trade.eepcindia.org
 
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Krishna with Flute said:
So what? Even US is dependent on India for Pharmaceuticals. Many nations uses Indian petroleum products. All major countries in world dependent on India for software and other consultancy services.

Even our engineering goods export and automobile export is touching all time high.

Engineering Goods Exports​


  • Total Exports: India's engineering exports reached an all-time high of USD 116.67 billion in FY 2024–25, up from USD 109.3 billion in the previous year. Naveen BJD Nomination
  • Top Destinations:
    • United States: USD 17.27 billion (8.27% YoY growth)
    • United Arab Emirates: USD 7.56 billion (44.66% YoY growth)
    • Germany: USD 3.83 billion
    • United Kingdom: USD 3.58 billion
    • Saudi Arabia: USD 5.18 billion trade.eepcindia.org
  • Key Sectors: Aircraft components, electrical machinery, auto parts, industrial machinery, and medical instruments were major contributors. Reuters
  • Challenges: The introduction of 25% U.S. tariffs on Indian steel, aluminum, and auto components is expected to impact up to USD 7.5 billion of India's engineering exports.

🚗 Automobile (Car) Exports​


  • Total Exports: India exported between 755,000 and 765,000 passenger vehicles in FY 2024–25, marking a 12–14% increase over the previous year's 672,000 units. This surpassed the pre-pandemic record of 676,000 units in FY 2018–19. The Economic Times
  • Leading Exporter: Maruti Suzuki led with 332,585 units exported. The Economic Times
  • Top Export Markets: South Africa, Mexico, Saudi Arabia, United Arab Emirates, and Chile. exportimportdata
  • Export Value: While specific figures for FY 2024–25 are not provided, in FY 2022–23, India's car exports were valued at USD 6.68 billion, ranking as the 10th most significant export category. exportimportdata
  • U.S. Market: Exports to the U.S. were minimal, totaling USD 8.9 million in 2024, accounting for just 0.13% of India's total car exports. Angel One


For more detailed and sector-specific export data, you can consult the Engineering Export Promotion Council (EEPC) Trade Portal and the Society of Indian Automobile Manufacturers (SIAM).trade.eepcindia.org
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It is you who started this "who is dependent on whom" thing. Just because Bangladesh buys agricultural products from India, you cannot say Bangladesh does not have any other place to go to buy agricultural products. The USA and the entire Europe depend on Bangladesh for apparel products. Now will it be correct to say the USA and the Europe cannot buy apparel products from other sources. Bangladesh is not dependent on India. We buy from you because you are the next door neighbor. If you don't sell rice, we will buy it from Vietnam, Thailand, China and Pakistan.
 
Krishna with Flute said:
You are repeating this again and again. This has been answered in detail with many references of World Bank and IMF reports.
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The IMF reports and World Bank report has been fabricated by overseas Indian 'experts' in the employ of these organizations as requested by Modi and gang. This is well-known and an open secret.

In fact, multiple sources in India have doubted the figures about India reported in World Bank and IMF reports because the people who reported them are almost all Indian, including Gita Gopinath, chief economist at IMF, who is an Indian origin person. It is an open secret that she is a Modi stooge.

1745082050327.webp


This is what the state of IMF and World Bank credibility is nowadays.
 
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Bilal9 said:
The IMF reports and World Bank report has been fabricated by overseas Indian 'experts' in the employ of these organizations as requested by Modi and gang. This is well-known and an open secret.

In fact, multiple sources in India have doubted the figures about India reported in World Bank and IMF reports because the people who reported them are almost all Indian, including Gita Gopinath, chief economist at IMF, who is an Indian origin person. It is an open secret that she is a Modi stooge.

View attachment 16680

This is what the state of IMF and World Bank credibility is nowadays.
Click to expand...

I knew that Modi is a powerful politician. He can screw countries like Pakistan, BD etc. but never knew that those who runs WB, IMF etc. are also the stooges of Modi. It seems that Modi is a god
 
Krishna with Flute said:
I knew that Modi is a powerful politician. He can screw countries like Pakistan, BD etc. but never knew that those who runs WB, IMF etc. are also the stooges of Modi. It seems that Modi is a god
Click to expand...

Who is screwing who?

This week - Bangladesh shut down import of $3 Billion worth of Indian yarn (for the year) and many other categories of Indian products imported to Bangladesh.
 

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