Indian Cities to See Fastest Growth in Asia Over Five Years

[N.Siddiqui]

Please post link.. am waiting, to see the data.. don't give lip service.. and the link for Pak being declared for motor ways etc.? Post that link too

Aren't you the one who posted a picture of Canada highway 401 as one Indian highway....and kept on arguing about it for many posts, even when your own Indian counterparts stated that It was not an Indian highway....I remember you...also you posted a lot of renderings....gotcha you!!! Check below


Check this page of the thread 'Pakistan declared best country in Asia in infra'....

https://defence.pk/pdf/threads/paki...-for-infrastructure-development.454868/page-9

 

[wiseone2]

Delhi will have the fastest growth of any city in Asia, with the economy to be almost 50 percent larger in 2021 than it was at the end of last year.

Indian cities are set to expand the most across the region, with growth speeding up from the past 5 years, according to a new study from Oxford Economics, which ranked Asia's 30 largest cities. With financial and business services projected to be the fastest growing sector in India, Delhi’s dominance in this industry will lead to higher growth and higher incomes.

“Limits on foreign ownership of Indian companies are gradually being reduced or eliminated,” wrote Mark Britton, lead economist on the report. “In the short term this is conducive to strong growth in Delhi’s professional services sector, as overseas investors seek advice on possible deals, while long term it should mean steady income streams for such businesses.”

Consumer companies such as Japan’s Muji are also betting on that change. Parent company Ryohin Keikaku Co. sees India becoming its second largest international market, after China. And Amazon.com Inc.’s Indian unit is seeking approval to invest in a food supply chain and take advantage of government moves to ease rules on foreign retailers.

China's expansion will slow, although the largest five cities will still be recording growth rates of 6 percent or more. There will be a slight slowdown across the region amid moderating import demand from China, with growth expected to average 4.2 percent per year over the five years to 2021, down from 4.5 percent in 2012-2016.

Even so, that’s still much faster than the developed economies and cities in the region – and that’s a big opportunity for companies. Starbucks Corp. plans to almost double the number of stores it has in mainland China by 2021, and McDonald’s Corp. plans to add 2,000 new restaurants over the same period. Both companies recently announced they were buying out their partners in Mainland China and taking control of operations.

However, there are significant differences across the region.

Oxford Economics
Japanese cities are likely to remain at the bottom amid a challenging demographic outlook, with Osaka last in the rankings as its working-age population falls by approximately 1 percent per year, the report said.

Tianjin is forecast to clock the fastest growth in China, given that it has a large manufacturing base and one of the nation's busiest ports. However, as the services sector expands, the manufacturing and shipping industries may prove to be less supportive in future.

Ho Chi Minh was the only non-Indian city in the top five, reflecting the city’s success in establishing itself as a manufacturing center, as well as its strong services sector.

https://www.bloomberg.com/news/arti...g-on-the-original-sin-of-its-mountain-of-debt

It is not a good thing. You need more growth & jobs in the rural areas

 

[Rajaraja Chola]

India gets compared to Pakistan because of almost similar per capita figures in every department . How are you comparing yourself to China whose average income is 5 times bigger than you and how's infrastructure is atleast 50 years ahead ?

http://www.livemint.com/Sundayapp/J...dia-and-Pakistan-A-tale-of-two-economies.html

Coming from India to Pakistan (or the other way round), the first natural instinct is to compare and contrast things with home. At first glance, apart from the Urdu signage, not much seems to separate Karachi from Delhi. It is a cliché, but people are really like us—and once they know you are from India, can be uncommonly kind and generous.

Roads are rather wider and smoother actually—but traffic signals are not much more than polite requests. The motorway-like city roads of Islamabad might give you the false impression that you are in a developed country.

It didn’t have to be like that. A decade ago, Pakistan’s per capita income was still much higher, despite India’s vaunted growth story, reflecting a lead consolidated over the preceding four decades.

Even as some Indians enviously heard and read stories of fancy imported cars on Pakistani roads and lamented the pre-1991 socialist choices of our leaders, a closer look suggests that there was not much to differentiate between the two when it came to policy.

But these figures hide the heterogeneity in income levels within the country, and India continues to have a much higher percentage of its population living under poverty. The contrast is starker when it comes to incidence of absolute poverty, and India has a lot of ground to cover.




According to most Indians that come and Visit Pakistan . I can copy paste those websites for you .

That is because irrespective of land size India and China have almost same population levels. China was at par at India during 1987-89 times. And see where they have reached now? That's the inspiration Indians need to take.

What Pakistanis are doing here is gloating over past achievements that we were better before 1990 blah blah stuffs. In that case it should be doing great now than India. How can we compare ourself with a country which we have beaten and moved on? I dont know about past statistics, but as far as I can remember and understand India has got the better of Pakistan in almost every indicator and the gap is only going to get larger. What I would be hearing is the whining of WoT, US invasion of Afghanistan etc etc and that's none of our concern.

And yes. Delhi and Karachi might be the same. But Delhi is not India nor everyone can speak Urdu/Hindi. But the thing is we have to look to those who are above us and try to catch up with them. Same is applicable to Pakistan.

 

[danger007]

Aren't you the one who posted a picture of Canada highway 401 as one Indian highway....and kept on arguing about it for many posts, even when your own Indian counterparts stated that It was not an Indian highway....I remember you...also you posted a lot of renderings....gotcha you!!! Check below


Check this page of the thread 'Pakistan declared best country in Asia in infra'....

https://defence.pk/pdf/threads/paki...-for-infrastructure-development.454868/page-9

Seems like you took lot of time to dig threads.. lol what is the meaning of ""Best country for infrastructure development"" please enlighten us, statement come from your politicians.. lol

 

[N.Siddiqui]

Seems like you took lot of time to dig threads.. lol what is the meaning of ""Best country for infrastructure development""

WASHINGTON: Pakistan has been recognised as the ‘Best Country for Infrastructure Development in South Asia’ by the emerging markets, a publication of the IMF/World Bank annual meeting, in recognition of its massive progress in the field.

The country award was received by Pakistan’s Ambassador to the United States, Jalil Abbas Jilani, on behalf of Federal Minister Ahsan Iqbal at a ceremony here during the IMF/World Bank annual meetings.




http://nation.com.pk/national/11-Oc...rastructure-development-ranking-in-south-asia



That PDF thread was started on that article by IMF emerging market institute...hope you got it this time.

 

[protest]

TATA's
Revenue

US$104 billion (2017)[3]
Total assets

US$120.6 billion (2016)[3]

Revenue is almost equal to the total equity of the company this is unprecedented if true...anyways good luck.

Assets alone doesn't make equity. Don't argue for sake of argument.

WTF is wrong with you man? I wasn't freaking talking to you. Or about you. You are a random dude.

Now buzz off.

Delhi NCR's nominal gdp is 360 billion not PPP. Please do your homework before commenting.

 

[N.Siddiqui]

Delhi NCR's nominal gdp is 360 billion not PPP.

It is GDP PPP, equal to Mumbai almost slightly higher now...


excerpt from the article at TOI...

"As per the latest analysis, the Mumbai extended urban agglomeration (EUA), consisting of Mumbai, Navi Mumbai, Thane, Vasai-Virar, Bhiwandi and Panvel, had a 2015 GDP of US $368 billion when seen in terms of purchasing power parity (PPP), using a 2012 PPP conversion rate of Rs 15.5 per dollar. Against this, the Delhi EUA, consisting of Delhi NCR, Gurgaon, Faridabad, Noida and Ghaziabad, had a GDP at PPP of $370 billion, taking it to 30th position in the global ranking. "

http://timesofindia.indiatimes.com/...ias-economic-capital/articleshow/55655582.cms

 

[Khan_21]

That is because irrespective of land size India and China have almost same population levels. China was at par at India during 1987-89 times. And see where they have reached now? That's the inspiration Indians need to take.

What Pakistanis are doing here is gloating over past achievements that we were better before 1990 blah blah stuffs. In that case it should be doing great now than India. How can we compare ourself with a country which we have beaten and moved on? I dont know about past statistics, but as far as I can remember and understand India has got the better of Pakistan in almost every indicator and the gap is only going to get larger. What I would be hearing is the whining of WoT, US invasion of Afghanistan etc etc and that's none of our concern.

And yes. Delhi and Karachi might be the same. But Delhi is not India nor everyone can speak Urdu/Hindi. But the thing is we have to look to those who are above us and try to catch up with them. Same is applicable to Pakistan.

Your per capita overtook Pakistan in 2010/11 not 1990 . So out of the 70 years of our existence you are ahead for only 7 years . Pakistan's current per capita is still ahead of India , we will be revising our base year soon which will have a great effect on per capita figures .

You are ahead of Pakistan in every Indicator ? . I can name atleast 20-30 Indicators where you are behind .

 

[Indus Pakistan]

Alright.

Sometimes being further away gives you a more objective understanding then being real close up. I go to Pakistan typically every second year. So my next visit will be in 2018. I have relatives who visit us in UK and vice versa. I love travelling - I have just come back from a two week driving tour of Europe that covered France, Belgium, France, Spain, France, Italy through the Swiss Alps and north to Calais and back to blighty. We covered over 2,500 miles. I love cars more then women (although women came first decade ago but lead in the pencil is running low now) and of course driving which naturally is extension of travel. Tarmac, new vistas is my thing.

Now going back to Pakistan I over the decades I have covered almost the entire area I have marked red in the map below. The flank points being Peshawar on west, Lahore on east, Faisalabad in south and Kaghan in the north with Attock/Taxila/Islamabad region being the axis. I have covered most of the interesting or small towns towns in the region marked with red. I always have of course friends/relatives who share the same passion in driving as me. Most of them also take part in shikar with guns in the hills but I don't like guns so I try to avoid them but have gone few times to see what the thrill is about. Almost all my peer group in Pakistan are graduates of British universities and spent extended time here so language is never a issue. I rely on them for things like safety etc and have never ever felt insecure. It's all about contacts and money in Pakistan. So contrary to what you said I know northern Pakistan very well.

However I will admit the south is alien to me. I have never gone to Balochistan or Sindh with exception of stop over at Karachi airport long time ago. This is strange because my dad spent some years in Karachi in early 1960s but I have no contacts or family there. I would like to go there to ses the place but without contacts or family I don't feel secure. Besides I don't think I would like Karachi anyway. However I do intend to push more south so next year Multan is on the list and my understanding is the motorway has been extended to that city so that should make driving enjoyable and safe. I want to see the city that almost killed Alexander the Great.

Here is some shots from South of France near Nice and another in Spain. I would not mind crossing over into India and go to Amritsar as that is just across the border, Maybe !

These are tad generic but you can see the bonnet my Mini Cooper. One day expect me to drive all the way south to Kerala!

 

[Levina]

I go to Pakistan typically every second year. So my next visit will be in 2018.

So when you last visited Pakistan, Nawaz Sharif was still the PM of Pak? Right?
2 years is a long gap! LOL

Attock/Taxila/Islamabad region

Is that a joke?
Why do you use European names? It is Takshashila.
The city gets its name from Rock of Taksha,reference to Ramayana. Will explain this in detail on a more appropriate thread.

Almost all my peer group in Pakistan are graduates of British universities and spent extended time here so language is never a issue

So you don't speak Urdu!
There you go!!!
Do we need more proof to prove that you know very little about your country,Pakistan?

So contrary to what you said I know northern Pakistan very well.

On maps, yes, you know the city for sure.

One day expect me to drive all the way south to Kerala!

No pls don't. Lolz
Instead I would prefer if you visit our capital; I would only be too happy to see your bubble burst.

 

[Rajaraja Chola]

Your per capita overtook Pakistan in 2010/11 not 1990 . So out of the 70 years of our existence you are ahead for only 7 years . Pakistan's current per capita is still ahead of India , we will be revising our base year soon which will have a great effect on per capita figures .

You are ahead of Pakistan in every Indicator ? . I can name atleast 20-30 Indicators where you are behind .

I meant every other social indicator. per capita is just one of those. Our Literacy is increasing while yours in decreasing. Shall I post the others? FDI? HDI? Life Expectancy?

Malnutrition rankings from UNICEF.

Reducing fertility rate. Reducing poverty rate (in percentage terms Pakistanis have more % of poor than India).

You were successful in making me compare India with Pakistan. Thank you

 

[OguzSenturk]

Is this picture photoshopped, or real? If it's real, why the top side is clear blue, but it turns into grey in bottom parts? I hope it's not because air pollution..

 

[Khan_21]

I meant every other social indicator. per capita is just one of those. Our Literacy is increasing while yours in decreasing. Shall I post the others? FDI? HDI? Life Expectancy?

Malnutrition rankings from UNICEF.

Reducing fertility rate. Reducing poverty rate (in percentage terms Pakistanis have more % of poor than India).

You were successful in making me compare India with Pakistan. Thank you

India has less poor as % than Pakistan ? That's news to me because everybody else disagrees .

http://www.telegraph.co.uk/news/wor...els-higher-than-Pakistans-says-UN-report.html

The report also finds more 'gender equality' in conservative Pakistan than in 'tolerant' India.

Its findings amount to a wake-up call for a nation which has taken great pride in its rapid economic growth and the increasing clout of its billionaire business leaders but has failed to share the spoils with its poor. Britain's Department for Internmational Development has pointed to this chequered progress to justify its continuing aid to India.

The Human Development Report reveals that while India ranks slightly above Pakistan in its level of 'human development' – based on life expectancy, schooling and per capita income – its wider poverty level is worse than Pakistan's.

In absolute terms, 41.6 per cent of India's 1.1 billion people earned less than 78 pence per day compared with 22.6 per cent of Pakistan's 173 million.

The report quotes its 'multi-dimensional poverty index' which includes measures of schooling, child mortality, nutrition, access to electricity, toilets, drinking water, and hygienic living conditions, and reveals India is poorer.

Have a look at Multi dimensional Poverty

https://www.thenews.com.pk/print/47528-pakistan-ranks-better-than-india-bangladesh-on-poverty-scale

LAHORE: Pakistan is in a state of turmoil but still it is far better ranked than India and Bangladesh as is revealed by Multidimensional Poverty Index released by Oxford Poverty and Human Development Initiative.

According to the index, Pakistan’s MPI is 0.230 and the percentage number of poor is 44.2 percent. The intensity of poverty across the poor is around 52.1 percent, where 15.1 percent of the population is vulnerable to poverty, 23.7 percent lives in severe poverty, and 20.7 percent is classified as destitute. Destitute people are those deprived of even basic amenities of life.
The MPI for Bangladesh is 0.253 and the percentage of number of poor is 51.3 percent. The intensity of poverty across the poor is 49.4 percent, where 20.4 percent of the population is vulnerable to poverty, 21.7 percent lives in severe poverty, and 17.2 percent is classified as destitute.
The MPI for India is 0.283 and the percentage number of poor is 53.7 percent. The intensity of poverty across the poor is 52.7 percent, where 16.4 percent of the population is vulnerable to poverty, 28.6 percent lives in severe poverty, and 28.5 percent is classified as destitute

Now lets go to World Bank poverty figures as % .

http://povertydata.worldbank.org/poverty/country/PAK
http://povertydata.worldbank.org/poverty/country/IND

As for Social Indicators like I said i can give 20-30 Indicators . Sanitation , Gender Inequality , Happiness Report , Prevalence of Diseases like Maleria/HIV/Heptitus (much higher in India) , Economic freedom , Electricity Access , Environment sustainability and many more . Recently in WEF's development Index

https://www.dawn.com/news/1308890

ISLAMABAD: Pakistan has been ranked 52nd, ahead from India (60th), among 79 developing economies in the Inclusive Development Index (IDI), according to a World Economic Forum (WEF) report.

The ‘Inclusive Growth and Development Report 2017’, released in Davos on Monday, said that most countries were missing important opportunities to raise economic growth and reduce inequality at the same time because the growth model and measurement tools that have guided policy-makers for decades required significant readjustment.

India has been ranked 60th, below neighbouring China and Pakistan, according to the WEF report, carried by The Asian Age, an Indian newspaper.

Various Indian newspapers including The Hindu, Indian Express, Deccan Herald, Punjab Times and others carried the report, highlighting that India ranked below China and Pakistan in the IDI.


The index is based on 12 performance indicators. In order to provide a more complete measure of economic development than GDP growth alone, the index has three pillars — growth and development, inclusion and intergenerational equity, and sustainability

 

[Roybot]

Is this picture photoshopped, or real? If it's real, why the top side is clear blue, but it turns into grey in bottom parts? I hope it's not because air pollution..

Its is called a hill.

 

[OguzSenturk]

Its is called a hill.

Are you joking right? I obviously meant the grey color of the atmosphere in the picture