Counting the Cost - India's rising power in Africa

[Kyusuibu Honbu]

Just another "rising" or "power" rhetoric, nothing pragmatically solid.

It's cold hard facts that Africa, even the Sub-Saharan region, leads india by far in current economic progress. Another reality is this massive continent of billion plus population has all categories of quantifiable potentials that india can hardly compare.

Yes, recorded data shows that india ($1,596; World Bank 2014) has lower GDP/capita than Sub-Saharan region ($1,774), let alone the far more developed Arabic countries in the north like Morocco ($3,103) Egypt ($3,199), Algeria ($5,498) or war-torn Libya ($6,570). Given the fact that Africa is home to most fastest growing economies (South Sudan tops the world by a stunning 36.2%; World Bank 2014), there is no data to support the prediction that india is catching up with Africa any time soon, or would it ever happen.

Other facts that support future growth potential of Africa includes its vast territory of over 30 million sq.km, rich natural resources, billion plus population of fast-improving literacy/health, massive infrastructure building plans, and continuous offshoring of manufacturing jobs (e.g. Special Economic Zones) from other industrialized economies.

@Dungeness @Economic superpower

Are you people pretending or are you chaps really so crude?

How does a trade and investments have any remote relation to difference in GDP per capitas?

Its almost as if Indophobic mindset is affecting serotonin and dopamine levels of some people here.

Here is list topics discussed in the video of assuming the language spoken in the video was beyond the grasp of you people.

1. Presence of Indian Automobile company Tata in Senegal's transportation sector.
2. Zimbabwe seeking Indian investment in its state run mineral extraction plant.
3. Contrasting Chinese and Indian approaches in engaging African trade.
4. Expectations from Africa to facilitate trade

Rest the video has nothing to do with India or Africa

If you people were trying to insinuate that lower GDP per capita of India nullifies Indian investments in Africa.
Going by this logic considering China has lower GDP per capita than some European, African and South American nations, Hence Chinese investment in those regions is insignificant?

Maybe you pdf Chinese have invented a new economic theory the world is unaware of.

I wouldn't post such unrelated nonsense even if i was paid for it.

 

[PatriotLover]

Are you people pretending or are you chaps really so crude?

How does a trade and investments have any remote relation to difference in GDP per capitas?

Its almost as if Indophobic mindset is affecting serotonin and dopamine levels of some people here.

Here is list topics discussed in the video of assuming the language spoken in the video was beyond the grasp of you people.

1. Presence of Indian Automobile company Tata in Senegal's transportation sector.
2. Zimbabwe seeking Indian investment in its state run mineral extraction plant.
3. Contrasting Chinese and Indian approaches in engaging African trade.
4. Expectations from Africa to facilitate trade

Rest the video has nothing to do with India or Africa

If you people were trying to insinuate that lower GDP per capita of India nullifies Indian investments in Africa.
Going by this logic considering China has lower GDP per capita than some European, African and South American nations, Hence Chinese investment in those regions is insignificant?

Maybe you pdf Chinese have invented a new economic theory the world is unaware of.

I wouldn't post such unrelated nonsense even if i was paid for it.

Wait you really do beleive the non sense spoken in the video. Look Pakistan has a higher per capita income than India. Still we dont invest in other countries. We invest it in Pakistan.

China is light years ahead of you guys. But the video says that India invests half of what China invests in Africa. Lol like where does the money come from? Your Indian IQ is famous world over so I am not surprised. First catch up with Pakistan then maybe some fools will beleive these videos.

 

[Kyusuibu Honbu]

Wait you really do beleive the non sense spoken in the video. Look Pakistan has a higher per capita income than India. Still we dont invest in other countries. We invest it in Pakistan.

China is light years ahead of you guys. But the video says that India invests half of what China invests in Africa. Lol like where does the money come from? Your Indian IQ is famous world over so I am not surprised. First catch up with Pakistan then maybe some fools will beleive these videos.

If the purpose of this post was to insult Pakistanis, you have succeeded in it.

The bolded parts in your post are false and completely illogical

The rest is tripe

 

[Shotgunner51]

How does a trade and investments have any remote relation to difference in GDP per capitas?

Trade? How come you brought in trade all of a sudden, does it have any remote relation to GDP per capitas?

Alright since you mention trade, let's chat briefly. In general countries irregarding of their level of GDP/capita do import and export, i.e. trade internationally, based on demand and supply. On the export side, neither Sub-Saharan-Africa (SSA) nor india are industrialized economies, hence exports are natural resources, agricultural products, food crops, or industrial products of low tech i.e. low value-added. For hi-technology exports data, please check below World Bank link, you may find india somewhere deep down the list:

High-technology exports (current US$) | Data | Table
High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars (Billion), for Year 2013.

African continent is over 30 million sq.km, has rich natural resources, they do export minerals and energy, e.g. crude oil, metals. However the case is very different for india, energy for a massive population has to be imported. With weak export capabilities, and heavy imports dependence, the trade balance results are obvious - india has been suffering from trade deficits, for more than 30 years in a row - check below:

India Balance of Trade | 1957-2015 | Data | Chart | Calendar | Forecast

Last but not least, GDP calculation does take into account of net trade data. The severely low GDP levels of india have reflected trade deficits arised from an incompetitive trade structure.

Where is the rising power in trade?

Here is list topics discussed in the video of assuming the language spoken in the video was beyond the grasp of you people.

1. Presence of Indian Automobile company Tata in Senegal's transportation sector.
2. Zimbabwe seeking Indian investment in its state run mineral extraction plant.
3. Contrasting Chinese and Indian approaches in engaging African trade.
4. Expectations from Africa to facilitate trade

If you people were trying to insinuate that lower GDP per capita of India nullifies Indian investments in Africa.
Going by this logic considering China has lower GDP per capita than some European, African and South American nations, Hence Chinese investment in those regions is insignificant?

Maybe you pdf Chinese have invented a new economic theory the world is unaware of.

I wouldn't post such unrelated nonsense even if i was paid for it.

The video language could be your mother tongue but absolutely foreign to us so excuse us for not grasping the ideas. So there are standalone investment cases? So we might as well discuss Investment.

In general, the requirement for being an investor is quite simple - Net Worth. While GDP is a measure of vibrance of economic activities, not a measure of financial reserves or net worth (assets less liabilities), so we need to look at other indicators to see whether india is a rising investor.

List of creditor nations by net international investment position per capita - Wikipedia, the free encyclopedia
List of debtor nations by net international investment position per capita - Wikipedia, the free encyclopedia

Now we see india is indeed a major debtor nation, rank quite high as well. As of December 2014 the net position was negative $356.5 billion, as of June 2015 it further deteriorated to negative $362.3 billion (check below), that's quite an embarrassing balance sheet don't you think? With sustaining trade deficits, the only way I suggest for india to become a major international investor is to make indian rupee replacing dollar as the ultimate international reserve currency.

Reserve Bank of India - RBI Bulletin​

Where is the rising power in investment? What's your indian economic theory to become a major investor while being a debtor nation?

 

[PatriotLover]

@Syama Ayas please reply with logic. Looks like you have butt hurt because I called you guys poor. Shotgunner showed you all have a per capita lower than Sub Saharan Africa. Tell me where I said anything wrong.

 

[IndoCarib]

@Syama Ayas please reply with logic. Looks like you have butt hurt because I called you guys poor. Shotgunner showed you all have a per capita lower than Sub Saharan Africa. Tell me where I said anything wrong.

pray tell me. where did he show we all have a per capita lower than Sub Saharan Africa?

 

[Dragon4]

Trade? How come you brought in trade all of a sudden, does it have any remote relation to GDP per capitas?

Alright since you mention trade, let's chat briefly. In general countries irregarding of their level of GDP/capita do import and export, i.e. trade internationally, based on demand and supply. On the export side, neither Sub-Saharan-Africa (SSA) nor india are industrialized economies, hence exports are natural resources, agricultural products, food crops, or industrial products of low tech i.e. low value-added. For hi-technology exports data, please check below World Bank link:

High-technology exports (current US$) | Data | Table
High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars (Billion), for Year 2013.
View attachment 272624​

African continent is over 30 million sq.km, has rich natural resources, they do export minerals and energy, e.g. crude oil, metals. However the case is very different for india, energy for a massive population has to be imported. With weak export capabilities, and heavy imports dependence, the trade balance results are obvious - india has been suffering from trade deficits, for more than 30 years in a row - check below:

India Balance of Trade | 1957-2015 | Data | Chart | Calendar | Forecast
View attachment 272629​

Last but not least, GDP calculation does take into account of net trade data. The severely low GDP levels of india have reflected trade deficits arised from an incompetitive trade structure.

Where is the rising power in trade?



The video language could be your mother tongue but absolutely foreign to us so excuse us for not grasping the ideas. So there are standalone investment cases? So we might as well discuss Investment.

In general, the requirement for being an investor is quite simple - Net Worth. While GDP is a measure of vibrance of economic activities, not a measure of financial reserves or net worth (assets less liabilities), so we need to look at other indicators to see whether india is a rising investor.

List of creditor nations by net international investment position per capita - Wikipedia, the free encyclopedia
List of debtor nations by net international investment position per capita - Wikipedia, the free encyclopedia
View attachment 272647​

Now we see india is indeed a major debtor nation, rank quite high as well. As of December 2014 the net position was negative $356.5 billion, as of June 2015 it further deteriorated to negative $362.3 billion (check below). With sustaining trade deficits, the best way for india to become a major international investor is to make indian rupee replacing dollar as the ultimate international reserve currency.

Reserve Bank of India - RBI Bulletin​

Where is the rising power in investment?

If you watched the video, he meant how is intent to trade with any country dependent on GDP of the country?A Country's gdp can be 1 million, how does it bother when it is interested to trade with other countries?
I like the way you copy paste stats on every thread and show others what an A grade troll you are.

 

[PatriotLover]

pray tell me. where did he show we all have a per capita lower than Sub Saharan Africa?

Have you even read this thread?

 

[Dragon4]

Have you even read this thread?

 

[IndoCarib]

Indian Companies Stake Claim to African Vehicle Market

Creeping Tiger: India’s Presence In Africa Grows, Even As China Steals The Spotlight
some more propaganda

Have you even read this thread?

@Shotgunner51 very cleverly included the average PCI of only a few developing sub sharan african countries not all of them. May be he doesnt even know how many countries are there in sub sharan region

 

[TejasMk3]

Wait you really do beleive the non sense spoken in the video. Look Pakistan has a higher per capita income than India. Still we dont invest in other countries. We invest it in Pakistan.
.

Yes and all that investment has created that world famous Pakistani export makes so much world headlines, terrific product no?

 

[Kyusuibu Honbu]

Trade? How come you brought in trade all of a sudden, does it have any remote relation to GDP per capitas?

The video on which this thread is based on mentions trade, in case you missed that, even after I have summarized it

Here is list topics discussed in the video of assuming the language spoken in the video was beyond the grasp of you people.

1. Presence of Indian Automobile company Tata in Senegal's transportation sector.
2. Zimbabwe seeking Indian investment in its state run mineral extraction plant.
3. Contrasting Chinese and Indian approaches in engaging African trade.
4. Expectations from Africa to facilitate trade

Alright since you mention trade, let's chat briefly. In general countries irregarding of their level of GDP/capita do import and export,

Thank goodness you agree on this

Most of the below stuff is kind of unrelated to the thread or my post, but will go along for the sake of Indian members

On the export side, neither Sub-Saharan-Africa (SSA) nor india are industrialized economies

Is the bolded part your personal observation or opinion of Globally reputed economic watchdogs?

hence exports are natural resources, agricultural products, food crops

Below picture of Indian exports paints another picture.
None of India top 5 exports seems to include natural resources, agricultural products, food crops

or industrial products of low tech i.e. low value-added.

Again is this your personal observation or opinion of Globally reputed economic watchdogs?

For hi-technology exports data, please check below World Bank link:

High-technology exports (current US$) | Data | Table
High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars (Billion), for Year 2013.
View attachment 272624​

Indian High-technology export is low due to India having low output in manufacturing of electronic products even though India's third largest export is pharmaceuticals

Where is the rising power in trade?

Why are you asking me that? when did I claim India is rising power in trade?

The video language could be your mother tongue but absolutely foreign to us so excuse us for not grasping the ideas.

There are no ideas in the video, just topics

So there are standalone investment cases? So we might as well discuss Investment.
In general, the requirement for being an investor is quite simple - Net Worth. While GDP is a measure of vibrance of economic activities, not a measure of financial reserves or net worth (assets less liabilities),

Good to know you do not consider lower than SSA GDP per capita as being a factor for being an investor in Africa.

Where is the rising power in investment?

Why are you asking me that? when did I claim India is rising power in investment?

The central point i was seeking an explanation was: The mentioned relation between lower GDP per capita of India vs SSA and Indian investments in Africa or trade with Africa.

@Shotgunner51 very cleverly included the average PCI of only the developing sub sharan african cuntries not all of them. May be he doesnt even know how many countries are there in sub sharan region

Look on the Brighter side, we have Chinese engaging in cherry picking and intellectual dishonesty rather than throwing about racial slur. It is quiet an improvement.

@Nilgiri this thread will interest you

 

[Kyusuibu Honbu]

If you watched the video, he meant how is intent to trade with any country dependent on GDP of the country?A Country's gdp can be 1 million, how does it bother when it is interested to trade with other countries?
I like the way you copy paste stats on every thread and show others what an A grade troll you are.

If he was so butthurt with this thread title, he could have debunked the video title and content by simply posting information of India Africa trade and Investment contrasting it other nations trading and investing in Africa, rather he went on to post unrelated garbage on GDP per capita comparisons with SSA. Guess such illogical nonsense appealed to intellect of Chinese and Pakistanis members on this thread hence that post

 

[faithfulguy]

you don't through stones at others house when your own house is made of glass..... going by your logic broken economy like venezuala (16,529$), Greece, argentina (world bank 2014) has more per capita income than your China...
List of countries by GDP (nominal) per capita - Wikipedia, the free encyclopedia
so will you say your country is a $hith0le (acc to your logic)???. infact your per capita ranking is 80.... !!!! so why brag about your so called economic prowess as only second to USA.... you seem to judge evrything and all national and international dealings of a country on basis of per capita income???
one advice to you.... troll less... be humble....
"With pride, there are many curses. With humility, there come many blessings."
Ezra Taft Benson

@Spectre @nForce

Very interesting quote. I bet I'm one of the few people who ever heard of Ezra Taft Benson. You should share his quote with your fellow Indians.

 

[illusion8]

Look Pakistan has a higher per capita income than India. Still we dont invest in other countries.

First catch up with Pakistan .

That will be possible if India goes in reverse..seriously? ..you want us to set our standards to low now?