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Gujarat is a model state
Simple reason WHY modi get re-elected inspite of all bad-tags he carries
Its a Nation within a Nation
If Gujarat is Taken as a separate Entity or Country It will be the Fastest Growing Nation on Earth
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tally-China is dong well!!China has a trade advantage!!China has already scored advantage over many Big Nations!!...
Very true indeed. I am also puzzle by the fact that most of MNC JV with Chinese are in losses....
Tally,
Netod has given you his reply.
Me too feel the same.
Except for our cotton ethnic stuff nothing in India has quality except our IT
You see when i go shopping, i always pick CHINESE STUFF.. they are so clean, neat tidy and so practical. The next would be german stuff.. both of them are great for their design and quality. I dont know why folks consider chinese goods as cheap
If indians dont know how to do it like the chinese they might as well perish until they decide to learn
Life is not about banning or veto or about stifling competion. Its about quality....
So whats the congress doing about this unfair advantage China?...
I think there is a serious, very serious, misunderstanding of what China does for export.
Most of the so called Chinese exports are from US Multinational corporations like Walmart, that design, specify, shop,order and export manufactured goods to the US per US taste for selling at low prices. There are no chinese salesman peddling his company produts in the USA. If he did, he would have no chance of penetrating in to order department.
Unfortunatley, except in some areas of IT field whee the customer knows hat he wants, very few MNC from the US bother to come to India for manufactured goods and it is a wastte to send salesman over there....
cheap manufacturing will bite... China on ass....just watch... India is young..people have greed for new things in life....we in west had that time..Americans dont have money to buy ..cheap ..China crap...
I my self..stop going shopping..matter of fact I dont remember going shopping lately..
Its becaz few years back ..I decided to buy quality...only..every thing i bot was only ...quality...I paid three times as much..for each ..itom i bot...but I made sure what ever I buy ...i will enjoy it for rest of life.....so now I dont feel the need...
b4 ther was this inside urge to go buy something...bring it home...and feel happy...and after there was this problem as new stuf makes into the mkt...just where to put that old stuf.. it takes a while to learn ..all this...lol
now that I dont buy cheap..i dont have this problem.. n thats what I tell my kids......
yes.. you are absolutely right...
India has unwittingly given huge trade advantage to China. We export goods worth $ 9 billion a year comprising mostly commodities like iron ore and import annually manufacturing goods worth $ 31 billion by putting cos like BHEL, Steel cos & L&T to huge disadvantage.
What a shame. We acquire willingly trade disadvantage without any political or economic benefit.
China has already scored advantage over a mighty nation like USA. If we do not put a stop to current account deficit with China we will only ensure a mighty China who will threaten us at each and every opportunity. Time for large track correction???...
There is no meaning in keeping the dollars in india at prasent exchange ratio.......
Excellent piece of information.
Modi was able to make path for Nano plant in just 1 week....
Gujarat`s GDP is growing at a rate of around 12% each year.
The per capita GDP of Gujarat is more than thrice the all-India average.
With a population of around 5 crore, the per capita income of Gujarat hovers around the INR 18500 mark.
If Gujarat was considered a country, it is likely to be the 67th most prosperous nation in the world, ranked above China!
Gujarat has 11 airports. There are as many as 41 ports in Gujarat along its 1600 km coastline.
Gujarat infrastructure derives most of its robustness from Gujarat industry. Not only does Gujarat produce 1/5th of India`s industrial production, it is also responsible for producing 35% of India`s pharmaceutical products, 24% of its textiles, 22% of India`s exports, and 9% of India`s minerals.
Gujarat is home to some of the world`s most extensive business empires. Alang, in Gujarat is home to the world`s largest ship breaking yard and Jamnagar oil refinery owned by Reliance Petroleum Ltd., is the largest `grass-root refinery` of the world. Salt, cement, ceramics, gems, jewelry, and petrochemicals are some of the other prominent industries of Gujarat.
Gujarat holds only 6% of India`s geographical area and 5% of its population, but accounts for more than 16% of India`s investments and around 30% of stock market capitalization.
/TC/...
Dear Mr. Birla,
It is very interesting story.
Regards,
Debraj Dam...
Hey, it is the official pronouncement of the RBI that the GDP growth will be lower than forecasted before. At best, it will equal the forecasted inflation rate. Currencies do not strenthen at zero net growth rate....
RBI shouldnt stop the stengthening rupee at this juncture.... Duvvuri subu should encourage the INR to achieve target of 40 per dollar in the medium term.... clear signal should be sent to exporters ahead of INR strengthening so that they can plan and prepare for the ill effects of the dollar weakening/rupee strengthening.......
