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Modi may have done an OK job in leading an economy smaller than Western China with a slower speed than Western China. He has done extremely well in promoting dominant religious industry.
Modi built many statues of Hindi gods he will build modi statue soon
 
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This is something the BJP will fix as usual. That's why Modi has been laying the foundation for this over the last 3 years. Even demonetization was part of it.

But jobs are being created in the informal sector. Not counting those who have become self-employed either.

There's also the gigantic 'Skill India' program which aims to skill India's labour force. They want to skill at least 400 million people through this program over the next 5 years.

A lot of countries and companies are investing in the Skill India program.

This article will give you a good idea about what's happening.
https://thewire.in/136579/jayant-krishna-skill-india/

What China took 3 decades to do, we are attempting to do in 5. At least the goal is 5 years, even if it takes 10, it's a huge achievement.
The informal sector had already been thoroughly screwed up by Modi's demonetization and now you expect it to create employment? You are living in a fools dream thinking Modi can save India, it's the whole system that needs revamping, not one superhero, get it? After 5 years, you expect India to reach Chinese GDP in 2010? Because you said it toos us 3 decades, 1980 + 30 years = 2010. China GDP was 6 trillion USD$ in 2010, so Indian will need to grow 300% in 5 years time. SUPA POWA indeed.


I think the average Chinese has to be more worried about automation than India. In India, labour costs will continue to be cheap for quite sometime and most of the industry is too small for automation to take root. Not to mention, in India, it is the service industry that will continue dominating the economy.

The big companies will switch to automation, but they will be more interested in competing with China and other countries for exports.
The problem is automation with AI is going to make the per unit cost of products cheaper than even slave Indian wages and it will actually entrench the industrial base to China. Do you get it?

India GDP %
agriculture: 16.5%
industry: 29.8%
services: 45.4% (2016 est.)

India labor force
agriculture: 49%
industry: 20%
services: 31%

China GDP %
agriculture: 8.6%
industry: 40.7%
services: 50.7%

China Labor force
agriculture: 33.6%
industry: 30.3%
services: 36.1%

Our services employment and GDP composition is even higher than India! We all should be worried about the incoming automation revolution, the difference is Chinese labor force is going to decrease in 10 years time, while Indian labor force is going to increase drastically. The Chinese government is also retraining them to operate those robots and automated systems. You are sitting on a time bomb and no superhero can save you. Wake up!

The demographic dividend is real.
The demogrpahic time bomb is also real.

That is outdated now. They rely on old govt measures and are yet to update. India's GDP was 153T in INR back in Jan, and the INR has strengthened since then, just do the conversion yourself.

https://qz.com/934016/demonetisation-be-damned-the-indian-rupee-is-on-a-tear/
You don't use current exchange rate to calculate GDP, you use the average for the whole year, that's why GDP figures are published at the end of the financial year, where you get growth data and also FY exchange rate. The most reliable GDP statistics are from CIA, IMF and WB, I will stick with their data and not yours. Do you know Rupee was at a all time low at 68/1 and now it is only slightly higher at 64/1, that's only a 0.5% increase.

You cannot assume brownfield investment as less valuable than greenfield. In China's case, alot of investment is into plant expansion, etc. For less developed country like India, I think it is relevant since the base is low.
 
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The informal sector had already been thoroughly screwed up by Modi's demonetization and now you expect it to create employment? You are living in a fools dream thinking Modi can save India, it's the whole system that needs revamping, not one superhero, get it? After 5 years, you expect India to reach Chinese GDP in 2010? Because you said it toos us 3 decades, 1980 + 30 years = 2010. China GDP was 6 trillion USD$ in 2010, so Indian will need to grow 300% in 5 years time. SUPA POWA indeed.

You have gone and confused yourself.

The problem is automation with AI is going to make the per unit cost of products cheaper than even slave Indian wages and it will actually entrench the industrial base to China. Do you get it?

You don't get a few things.

1. Large Indian companies can rival Chinese companies in automation.

2. Automation is not cheap. It may be cheap for the Chinese after many years, but it won't be cheap in India because small companies which form the bulk of the Indian economy won't be able to afford automation.

3. Automation is about increased quality, not cheap products. So this is going to come at a premium. It's going to take quite sometime before it becomes cheap because companies have to recover sunk costs. Beyond that it depends on how expensive the labour required to maintain the machines is. There is a good chance an automation supplier may take you for a ride because they are the only supplier that makes 'this' particular model. It's very new and the market may take quite sometime to stabilize.

4. India will still have a high tariff structure, so China won't surmount that easily. This goes for any country that wants to export to India. The only companies that have an advantage will be companies that make in India, which will have the benefit of cheaper human labour.

5. India will also start moving up the middle income bracket, so people are going to get richer, this is inevitable.

6. Technology is a great equalizer. Which takes you back to point 1. Large companies in India can rival China's expenditure in automation. The fact that we have a very well developed private sector is a big boon to India. So whatever quality China can offer, India can use the same machines to offer the same products at the same quality. One benefit is, the support infrastructure for automation will still be cheaper in India because of cheaper maintenance labour.

7. India's biggest sector is the service industry. That's going to be our biggest employment generator, not the industry. Even though it is happening today, automation is going to take a lot longer and more funds to upset this industry, so it is still at a much smaller scale than manufacturing.

India GDP %
agriculture: 16.5%
industry: 29.8%
services: 45.4% (2016 est.)

India labor force
agriculture: 49%
industry: 20%
services: 31%

China GDP %
agriculture: 8.6%
industry: 40.7%
services: 50.7%

China Labor force
agriculture: 33.6%
industry: 30.3%
services: 36.1%

Our services employment and GDP composition is even higher than India! We all should be worried about the incoming automation revolution, the difference is Chinese labor force is going to decrease in 10 years time, while Indian labor force is going to increase drastically. The Chinese government is also retraining them to operate those robots and automated systems. You are sitting on a time bomb and no superhero can save you. Wake up!

Dude, for your current economic status, your services contribution sucks. A lot. Just be happy if you survive the middle income trap first.

Btw, I have no idea where you got it but your figures for India are wrong.
sectorwise-gdp-india.jpg


It has already crossed 60%.
https://home.kpmg.com/in/en/home/media/press-releases/2016/04/cii-kpmg-services-press-release.html
The Services Sector in India grows at a strong rate of 10% per annum; contributing about 61% to India’s GDP: CII-KPMG India report

And still growing really fast.

The fact is Modi wants the industry to grow faster than the services sector, which is already above 10%, for the next 5-10 years. That's where the national priority is because by principle the govt doesn't really interfere in the services sector. If that happens, India will be high into double digit growth.

You don't use current exchange rate to calculate GDP, you use the average for the whole year, that's why GDP figures are published at the end of the financial year, where you get growth data and also FY exchange rate. The most reliable GDP statistics are from CIA, IMF and WB, I will stick with their data and not yours. Do you know Rupee was at a all time low at 68/1 and now it is only slightly higher at 64/1, that's only a 0.5% increase.

You have contradicted yourself. Due to the small % in appreciation, it's not going to make a big difference to the yearly average figure. INR will continue to remain stable within a 0.5% bracket, even smaller. So talking about averages is moot.

Also, CIA, IMF, WB etc are yet to incorporate the last quarter in their calculations. Plus, we have already moved into the last month of Q1 2017. You forget that our FY is Apr to Mar. So what I really used is present prices, which is quite logical.

You cannot assume brownfield investment as less valuable than greenfield. In China's case, alot of investment is into plant expansion, etc. For less developed country like India, I think it is relevant since the base is low.

The benefit with greenfield investment is new companies are coming into the country. Think about it. A $2.5T economy is attracting more new investment than a $11T China.

Logically, as a still middle income, growing economy China should continue attracting more new investment than India. For example, total FDI into China in 2004 was $61B while India's was $5B.

India's economy is 7.5 times smaller than the US and attracting about 7.5 times less total FDI.

India's economy is 4.5 times smaller than China and attracting about 2 times less total FDI.

Don't you see something wrong with that picture?


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http://www.news18.com/news/business/india-can-achieve-10-percent-gdp-growth-by-fy20-cii-1392103.html
"We strongly believe that India can build up to a 10 percent GDP growth in the next three years. For the current year, CII analysis shows the GDP growth rate can be 8 percent,"Confederation of Indian Industry (CII) President Shobana Kamineni told reporters in New Delhi.

CII's analysis shows that as of now, we are creating about 3.7 million jobs annually," Kamineni said.
 
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You have gone and confused yourself.
http://www.newsgram.com/demonetizat...and-poor-still-feel-the-heat-of-the-decision/
Yah, talk to the millions of 'confused' workers who couldn't get their wages.

You don't get a few things.

1. Large Indian companies can rival Chinese companies in automation.
If you can rival Chinese companies, then you wouldn't need to import those telecom equipment, electronics, cellphones, microchips, construction machinery, port machinery, medical imaging equipment, drug APIs, super critical boiler, supercritical steam turbines. Funny thing is even the so call 'indigenous' BHEL equipment uses Chinese turbine blades and high temperature alloy. Do you know how much core technology you need to have?

2. Automation is not cheap. It may be cheap for the Chinese after many years, but it won't be cheap in India because small companies which form the bulk of the Indian economy won't be able to afford automation.
Your small companies will be destroyed by the coming wave of automation. It is not cheap, but the ROI is very high. You still cannot see the incoming threat...good luck to you.

3. Automation is about increased quality, not cheap products. So this is going to come at a premium. It's going to take quite sometime before it becomes cheap because companies have to recover sunk costs. Beyond that it depends on how expensive the labour required to maintain the machines is. There is a good chance an automation supplier may take you for a ride because they are the only supplier that makes 'this' particular model. It's very new and the market may take quite sometime to stabilize.
Automation is about both, increased quality and production rate thereby reducing per unit cost of product. It is going to require initial capital investment, but the reduction in manpower and increase in production will reduce the cost of production. Automation is an open market, you as the consumer get to choose and evaluate, but if you insist Indians to not embrace automation, I have no qualms, it's good for China.

4. India will still have a high tariff structure, so China won't surmount that easily. This goes for any country that wants to export to India. The only companies that have an advantage will be companies that make in India, which will have the benefit of cheaper human labour.
Wake up genius! You are already having a 50 billion deficit despite having this 'insurmountable' tariff. LOL.

5. India will also start moving up the middle income bracket, so people are going to get richer, this is inevitable.
Nothing is inevitable, just like you cannot download technology from heaven into your genius indic brains. You need to put in effort to achieve something. First step, learn to store grain, next step learn to distribute grain to starving people.


6. Technology is a great equalizer. Which takes you back to point 1. Large companies in India can rival China's expenditure in automation. The fact that we have a very well developed private sector is a big boon to India. So whatever quality China can offer, India can use the same machines to offer the same products at the same quality. One benefit is, the support infrastructure for automation will still be cheaper in India because of cheaper maintenance labour.
You are assuming China doesn't have a competitive private sector. I don't think you understand the scale of these Chinese companies. If you could have done it, you would've done it. So don't assume. Look at the trade figures, India doesn't produce anything of value China needs except basic raw materials.

7. India's biggest sector is the service industry. That's going to be our biggest employment generator, not the industry. Even though it is happening today, automation is going to take a lot longer and more funds to upset this industry, so it is still at a much smaller scale than manufacturing.
I won't argue with that. But I am reminding you, if world trade still exists, automation will destroy alot of traditional industries as you know it.


Dude, for your current economic status, your services contribution sucks. A lot. Just be happy if you survive the middle income trap first.

Btw, I have no idea where you got it but your figures for India are wrong.


It has already crossed 60%.
https://home.kpmg.com/in/en/home/media/press-releases/2016/04/cii-kpmg-services-press-release.html
The Services Sector in India grows at a strong rate of 10% per annum; contributing about 61% to India’s GDP: CII-KPMG India report

Dude, go argue with CIA WORLD FACTBOOK. Don't give me mumbai stats. Btw, whether we escape the middle income trap remains to be seen, I don't mind having 1.3 billion middle income ppl. LOL. India should worry if she can escape the starvation trap.

And still growing really fast.

The fact is Modi wants the industry to grow faster than the services sector, which is already above 10%, for the next 5-10 years. That's where the national priority is because by principle the govt doesn't really interfere in the services sector. If that happens, India will be high into double digit growth.
I really hope India becomes a 99% services economy with no industries. =). SUPA POWA indeed.

You have contradicted yourself. Due to the small % in appreciation, it's not going to make a big difference to the yearly average figure. INR will continue to remain stable within a 0.5% bracket, even smaller. So talking about averages is moot.
I did not contradict myself, due to the small difference in currency fluctuation, CIA is still listing your GDP as 2.3 billion in 2016 and your GDP still wouldn't reach 2.5 trillion now. Growing 300 billion in 5 months time would mean you were growing 16% per annum in these 5 months time. LOL.

Btw, the right way to calculate GDP is using the average exchange rate for the year and the full year GDP.

Also, CIA, IMF, WB etc are yet to incorporate the last quarter in their calculations. Plus, we have already moved into the last month of Q1 2017. You forget that our FY is Apr to Mar. So what I really used is present prices, which is quite logical.
Read above statement. The world does not revolve around India, full year means end 31 Dec 2016. It is a simple calculation.

The benefit with greenfield investment is new companies are coming into the country. Think about it. A $2.5T economy is attracting more new investment than a $11T China.
The value and intensity of the investments depends on the amount invested. You can open a gazillion shoe factories too.

Logically, as a still middle income, growing economy China should continue attracting more new investment than India. For example, total FDI into China in 2004 was $61B while India's was $5B.
People including China are investing to get a slice of your market since your industrial base is infantile.

India's economy is 7.5 times smaller than the US and attracting about 7.5 times less total FDI.

India's economy is 4.5 times smaller than China and attracting about 2 times less total FDI.

Don't you see something wrong with that picture?
China is attracting a 100 billion worth of investment and we are also investing roughly the same amount overseas. How many times do I have to tell you that, you are attracting more greenfield investments because you are an underdeveloped market.

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http://www.news18.com/news/business/india-can-achieve-10-percent-gdp-growth-by-fy20-cii-1392103.html
"We strongly believe that India can build up to a 10 percent GDP growth in the next three years. For the current year, CII analysis shows the GDP growth rate can be 8 percent,"Confederation of Indian Industry (CII) President Shobana Kamineni told reporters in New Delhi.

CII's analysis shows that as of now, we are creating about 3.7 million jobs annually," Kamineni said.

Fact speaks louder than words. You did not create enough employment.

Modi’s jobs record is even poorer than that of the much-maligned Congress government that his replaced. India needs to create as many as a million new jobs every month just to keep up with the growing population. Under Modi, just over 10,000 jobs a month are being created instead, according to government figures from 2015. The scale of this failure is enormous -- especially since it will add to the angry army of already underemployed young Indians.
 
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http://www.newsgram.com/demonetizat...and-poor-still-feel-the-heat-of-the-decision/
Yah, talk to the millions of 'confused' workers who couldn't get their wages.

All these click bait articles with selective news are only for people who are not well-wishers of India.

If you can rival Chinese companies, then you wouldn't need to import those telecom equipment, electronics, cellphones, microchips, construction machinery, port machinery, medical imaging equipment, drug APIs, super critical boiler, supercritical steam turbines. Funny thing is even the so call 'indigenous' BHEL equipment uses Chinese turbine blades and high temperature alloy. Do you know how much core technology you need to have?

Indigenization will take time, but it's evident where India is heading right now.

Your small companies will be destroyed by the coming wave of automation. It is not cheap, but the ROI is very high. You still cannot see the incoming threat...good luck to you.

Automation is about both, increased quality and production rate thereby reducing per unit cost of product. It is going to require initial capital investment, but the reduction in manpower and increase in production will reduce the cost of production. Automation is an open market, you as the consumer get to choose and evaluate, but if you insist Indians to not embrace automation, I have no qualms, it's good for China.

You didn't get it.

Here:
http://economictimes.indiatimes.com...on-modi-adviser-says/articleshow/58865573.cms
"If we create a lot of good jobs, we can raise the growth rate to 8, 9, 10 percent," Panagariya said. There was a "skepticism and fear" -- which he described as "robophobia" -- that automation would take away jobs. These fears, he said, were "grossly exaggerated" and meant India’s potential remained underestimated.

Wake up genius! You are already having a 50 billion deficit despite having this 'insurmountable' tariff. LOL.

That's the power of the Indian consumer. We have a huge trade deficit because we need electronics that we don't produce ourselves.

You are assuming China doesn't have a competitive private sector. I don't think you understand the scale of these Chinese companies. If you could have done it, you would've done it. So don't assume. Look at the trade figures, India doesn't produce anything of value China needs except basic raw materials.

Again, many of your private companies are new. They have no real global experience.

For example, TATA is 150 years old. Birla Group is 160 years old. They have a global presence. That's why they are competing with international companies quite comfortably without any govt support.

We have Indian companies competing with Amazon. We will always have Indian companies competing with one major foreign company or the other quite comfortably. Whereas, Chinese private companies require govt support and exclusive market access in order to survive.

An economy with a very low percapita income has multiple $10B to $100B industries. Where do you think these companies will be by 2030?

I won't argue with that. But I am reminding you, if world trade still exists, automation will destroy alot of traditional industries as you know it.

India is fairly well insulated from automation regardless.

It is far easier for people in the services industry to upskill than those in manufacturing. And upskilling can happen really fast, like in a matter of a few weeks to a few months.

I really hope India becomes a 99% services economy with no industries. =). SUPA POWA indeed.

:D You are showing your inferiority complex in this post.

China's economy is still quite some ways to mature into a service economy. If you can't make that transition with good growth, then you will get stuck. India is not in this position at all. We have been growing real fast even without major investment.

In fact this is the first time since independence that there is a plan made by the government for high growth. That alone should tell you all you need to know.

India will grow really fast regardless of how many new jobs are created. And when one section of the economy grows, it automatically pulls the other sections along with it. That's how growth has been in India.

I did not contradict myself, due to the small difference in currency fluctuation, CIA is still listing your GDP as 2.3 billion in 2016 and your GDP still wouldn't reach 2.5 trillion now. Growing 300 billion in 5 months time would mean you were growing 16% per annum in these 5 months time. LOL.

Dude, we are already half way through 2017.

Btw, the right way to calculate GDP is using the average exchange rate for the year and the full year GDP.

Yeah, then use average exchange rate from May 2016 to May 2017, you will get the figure I quoted.

Read above statement. The world does not revolve around India, full year means end 31 Dec 2016. It is a simple calculation.

This is why I said CIA has not considered the 5 months that have already passed.

The value and intensity of the investments depends on the amount invested. You can open a gazillion shoe factories too.

Greenfield FDI is greater in India.

China is attracting a 100 billion worth of investment and we are also investing roughly the same amount overseas. How many times do I have to tell you that, you are attracting more greenfield investments because you are an underdeveloped market.

Nope. The US is attracting similar volumes even as an established player.

China is more than half the size of the US economy but attracting 4 times less FDI than the US.

China
GDP: $11T
FDI: $118B

US
GDP: $18T
FDI: $420+B

Facts indeed speak louder than words.

Fact speaks louder than words. You did not create enough employment.

Modi’s jobs record is even poorer than that of the much-maligned Congress government that his replaced. India needs to create as many as a million new jobs every month just to keep up with the growing population. Under Modi, just over 10,000 jobs a month are being created instead, according to government figures from 2015. The scale of this failure is enormous -- especially since it will add to the angry army of already underemployed young Indians.

Incorrect. Modi is cleaning up what the UPA did. In fact, UPA's figures look rosy because of the BJP govt from 1998 to 2004. Most of the growth that UPA achieved was because of the previous BJP govt which created 55 million jobs in just 5 years of their rule and that trickled down into UPA's rule. After 2009, it all went down the drain because UPA did not introduce any reforms or create new jobs. People in India know this already. Why else do you think they are losing so badly everywhere?

And no, the people are not angry or anything. They have alternate sources of income. Rural unemployment is less than 4%. Get your CCP to withdraw all your cash overnight, let's see what happens then.
 
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http://economictimes.indiatimes.com...t-wave-international/articleshow/58838661.cms

I’ll still say Sensex will reach 100,000 by 2024: Mark Galasiewski, Elliott Wave International

In April 2009, I gave The Economic Times a long-term forecast, a 15-year forecast of Sensex 100,000 by 2024 and I see no reason to change that or update that forecast because if anything the pattern of the advance, the actual form of the advance is from a technical perspective is confirming that forecast from April 2009. The Sensex and Nifty have tripled since that time and they can more than triple again over the next several years. So, it is again a very bullish time.
 
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http://www.newsgram.com/demonetizat...and-poor-still-feel-the-heat-of-the-decision/
Yah, talk to the millions of 'confused' workers who couldn't get their wages.


If you can rival Chinese companies, then you wouldn't need to import those telecom equipment, electronics, cellphones, microchips, construction machinery, port machinery, medical imaging equipment, drug APIs, super critical boiler, supercritical steam turbines. Funny thing is even the so call 'indigenous' BHEL equipment uses Chinese turbine blades and high temperature alloy. Do you know how much core technology you need to have?


Your small companies will be destroyed by the coming wave of automation. It is not cheap, but the ROI is very high. You still cannot see the incoming threat...good luck to you.


Automation is about both, increased quality and production rate thereby reducing per unit cost of product. It is going to require initial capital investment, but the reduction in manpower and increase in production will reduce the cost of production. Automation is an open market, you as the consumer get to choose and evaluate, but if you insist Indians to not embrace automation, I have no qualms, it's good for China.


Wake up genius! You are already having a 50 billion deficit despite having this 'insurmountable' tariff. LOL.


Nothing is inevitable, just like you cannot download technology from heaven into your genius indic brains. You need to put in effort to achieve something. First step, learn to store grain, next step learn to distribute grain to starving people.



You are assuming China doesn't have a competitive private sector. I don't think you understand the scale of these Chinese companies. If you could have done it, you would've done it. So don't assume. Look at the trade figures, India doesn't produce anything of value China needs except basic raw materials.


I won't argue with that. But I am reminding you, if world trade still exists, automation will destroy alot of traditional industries as you know it.




Dude, go argue with CIA WORLD FACTBOOK. Don't give me mumbai stats. Btw, whether we escape the middle income trap remains to be seen, I don't mind having 1.3 billion middle income ppl. LOL. India should worry if she can escape the starvation trap.


I really hope India becomes a 99% services economy with no industries. =). SUPA POWA indeed.


I did not contradict myself, due to the small difference in currency fluctuation, CIA is still listing your GDP as 2.3 billion in 2016 and your GDP still wouldn't reach 2.5 trillion now. Growing 300 billion in 5 months time would mean you were growing 16% per annum in these 5 months time. LOL.

Btw, the right way to calculate GDP is using the average exchange rate for the year and the full year GDP.


Read above statement. The world does not revolve around India, full year means end 31 Dec 2016. It is a simple calculation.


The value and intensity of the investments depends on the amount invested. You can open a gazillion shoe factories too.


People including China are investing to get a slice of your market since your industrial base is infantile.


China is attracting a 100 billion worth of investment and we are also investing roughly the same amount overseas. How many times do I have to tell you that, you are attracting more greenfield investments because you are an underdeveloped market.



Fact speaks louder than words. You did not create enough employment.

Modi’s jobs record is even poorer than that of the much-maligned Congress government that his replaced. India needs to create as many as a million new jobs every month just to keep up with the growing population. Under Modi, just over 10,000 jobs a month are being created instead, according to government figures from 2015. The scale of this failure is enormous -- especially since it will add to the angry army of already underemployed young Indians.
India could be good in exporting raw resources and agricultural products. Other than that, nothing is really worthy.
 
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India could be good in exporting raw resources and agricultural products. Other than that, nothing is really worthy.

You forgot we have a services surplus with developed countries.

What about beef? Can they export beef ?

We are the largest exporter of beef. In fact, a huge chunk of beef China eats is reexported from Vietnam.

http://www.thehindu.com/news/national/india-on-top-in-exporting-beef/article7519487.ece

http://indianexpress.com/article/explained/where-indian-buffalo-meat-exports-go-4609512/
 
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Im talking about Indian beef. Why bring Vietnamese beef into this ?
Beef from Vietnam is not holy.
We need to kill holy cows in india and enjoy holy meat!

You forgot we have a services surplus with developed countries.



We are the largest exporter of beef. In fact, a huge chunk of beef China eats is reexported from Vietnam.

http://www.thehindu.com/news/national/india-on-top-in-exporting-beef/article7519487.ece

http://indianexpress.com/article/explained/where-indian-buffalo-meat-exports-go-4609512/
Your tiny service sector is valued less than GDP of a Chinese province.
Killing more holy beef and exporting holy meat to the world means a lot to india's primitive agricultural sector and underdeveloped food storage and processing industry.
 
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Im talking about Indian beef. Why bring Vietnamese beef into this ?

Same thing.

Beef from Vietnam is not holy.
We need to kill holy cows in india and enjoy holy meat!

You are free to do that if you come down to India. Go to Arunachal Pradesh, you will get good quality Indian cow meat. :D

Your tiny service sector is valued less than GDP of a Chinese province.
Killing more holy beef and exporting holy meat to the world means a lot to india's primitive agricultural sector and underdeveloped food storage and processing industry.

You forget that IT is our biggest export.
 
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