Manish J.’s Post

🌍 Comparative Analysis: Ease of Doing Business & Trade Agreements 📊 In the realm of international trade, understanding the regulatory landscape is paramount. The World Bank's Ease of Doing Business index offers valuable insights into a country's business environment. However, as a Trade Compliance Expert, I emphasize the significance of considering broader trade agreements in this evaluation. 📈 Ease of Doing Business 📉 India and China are often compared in terms of their business environments. According to the World Bank's Ease of Doing Business rankings for 2020: India secured the 63rd position with a score of 71.0. China outperformed, ranking 31st with a score of 77.9. 🤝 Trade Agreements Matter 🌐 While Ease of Doing Business rankings provide valuable benchmarks, it's essential to supplement them with an assessment of trade agreements. China's extensive network of trade agreements, including participation in regional blocs like RCEP, significantly influences its global trade dynamics. On the other hand, India's focus on bilateral agreements reflects a nuanced approach. 🔍 As a Trade & Customs Expert, I recognize the interconnectedness of regulatory frameworks and trade agreements in shaping international trade landscapes. Evaluating both aspects provides a comprehensive understanding and strategic insights for businesses navigating global markets. 🚀 #TradeCompliance #InternationalTrade #EaseofDoingBusiness #TradeAgreements #GlobalTrade

#India’s 🇮🇳ascent to the forefront of global economic growth, surpassing #China 🇨🇳 , hinges on advancing in five pivotal domains: #Manufacturing: Elevating its manufacturing sector's contribution to 25% of GDP. #Urbanisation: Expansion of urban centres to accommodate burgeoning population needs. #Workforce: Enhancing workforce quality and fostering greater female participation. #Infrastructure: Augmenting connectivity with extensive investments in highways, railways, seaports, and airports. #BusinessEnvironment: Streamlining regulations to foster a more conducive environment for business operations. China’s 🇨🇳 success as the 'world's factory' underscores the significance of these areas. With the West seeking alternative partners, India stands poised to seize this opportunity by sustaining progress in these domains. Political resolve, administrative efficiency, and the dismantling of bureaucratic hurdles are paramount in realising India’s🇮🇳 potential and solidifying its role as a global economic powerhouse. #China #india #economicpowerhouse #bloomberg

China’s economy is slowing and India is vying to take its place as the world’s biggest driver of growth, but the path is filled with obstacles. Here’s what India can do to win China’s growth crown: https://trib.al/uxCr4AO

India certainly faces some huge challenges. Indians feel optimistic that they can overcome these challenges, but what is the basis for this optimism? Blind faith? Indian nationalism? Wishful thinking? India needs to overhaul its dysfunctional democratic system. All of India's problems stem from an underperforming government. I don't see this happening. While India enjoys GDP growth of 6-7%, for how long can it sustain this level of growth? No economy can grow at such a blistering pace indefinitely. China's meteoric growth slowed after 40 years. I expect India to suffer the same slowdown after 40 years. Let's do a simple, back-of-the-envelope calculation. First, understand that China's economy is currently 4.7X larger than India's by nominal GDP. Second, generously assume that India can sustain 6% growth for the next half century. Conservatively assume that China can only manage 3% growth for the next 50 years. Taking out my trusty calculator... China: 1.03^50 * 4.7 = 20.6 India: 1.06^50 = 18.4 So, after 50 years, India still can't catch up to China. After this, India's growth rate will slow, implying no more opportunity to close the gap between China and India. Remember, this is our most generous and optimistic scenario. Realistically, it'll be worse than this. 𝗜𝗻𝗱𝗶𝗮 𝗰𝗮𝗻𝗻𝗼𝘁 𝗮𝗻𝗱 𝘄𝗶𝗹𝗹 𝗻𝗼𝘁 𝘄𝗶𝗻 𝘁𝗵𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗖𝗿𝗼𝘄𝗻.

Why Did China Dominate Global Exports While India Fell Behind? China transformed into a global manufacturing giant, accounting for 22.4% of global manufacturing by 2012. Meanwhile, India struggled with just over 2%. What’s the secret? And why did India miss the mark? 👇 ☑ Special Economic Zones (SEZs): China pioneered SEZs in 1979, providing tax breaks and infrastructure. By 2005, 93% of China’s exports came from SEZs. ☑ Foreign Direct Investment (FDI): China opened its doors to the world, attracting the capital and tech it needed to grow. ☑ Infrastructure: Massive investments in roads, electricity, and transport fueled the manufacturing boom. ☑ Flexible Labor: China’s labor laws were business-friendly, allowing companies to hire and scale quickly. Meanwhile, India struggled with rigid labor laws, poor infrastructure, and delayed reforms. India’s lesson? 🔑 Holistic, proactive policies, focused on infrastructure, labor, and business ease, are key to success. ♻️ Repost this if you agree!

The early 90s, upto 92, was such a critical period, mainly for 2 reasons, It was the last time China and India were on par as far as per capita gdp went, in fact some estimates also suggest, that India was marginally ahead, and the second is that India had both national parties spend equal time, at the centre - roughly about 15 years each ! This is where China turns into a beast almost ! In these 30 years, China goes from a per capita of 350$ to now exceeding 13k$ ! At the sametime, India goes from 350$ to just about 3k$ ! Sure GDP is important, but increasing per capita is paramount. Sure china has current problems such as debt explosion as with any growing economy, however one cannot ignore the mind boggling growth rates. As a country we shoulnt be happy with anything less than 12-13% real growth ! #growth #development

As some of the world’s largest investment banks shift their focus towards India as a primary investment destination, we at Silk Road Heritage Consulting Firm have prepared a brief assessment of India's growth trajectory. Our analysis outlines the opportunities and challenges, with a particular focus on a comparative perspective with its main competitor, China

🌍 Roadmap to Becoming the 3rd Largest Economy: India’s journey to surpass Germany and Japan as the world’s third-largest economy is no longer an uncertainty—it’s only a matter of when, not if. Achieving this aligns with PM Narendra Modi’s promise to make India the largest economy by the end of his third term in 2029 📈 At a 6% growth rate, India is poised to reach this milestone by 2028-2029. 🚀 A consistent 8% growth will accelerate this timeline to 2026-2027. 🔥 With an ambitious 10% growth, India could overtake by 2025. 💰 For #India to truly challenge #China’s dominance, we’ll need a substantial financial boost—around $100B annually for strategic assets like ports and airports. Without this, we risk becoming #America's Ukraine in Asia, a role better suited for #Taiwan, #Philippines, or #Japan. 🔑 To lead globally, India must combine its economic growth with bold investments and strong partnerships.

India's growth trajectory is set to surpass China by 2028. Explore our latest report on India's competitive edge as the new prime destination for global investments! With a GDP growth forecast of 6-7% in 2024, India's rapid ascent is reshaping the global economic landscape. #Silkroadheritage #TradeFinance #EconomicGrowth #InvestmentOpportunities #GlobalTrade #Indiabusiness #chinabusinessdevelopment

Why is it difficult for India to became the next China? Because China grew over 10% for more than a decade, Whereas, India struggles to consistently maintain even 8% growth. There are some structural issues in the Indian economy that the government needs to address urgently. Our goal should be to achieve at least 8% growth consistently for the next decade, Only then we can became a $ 10-15 trillion economy in the near future. Otherwise, It will remain just a dream.