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Showing posts with the label Foreign Investment

2047 and Beyond: Dreams, Delusions, and the Demand for Real Change

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By Mukesh Devrari  India stands at the cusp of a historic moment. So far, our national story has largely been one of unfulfilled potential. In contrast, China’s journey has been quite the opposite. It has shown the world that when political leadership possesses the vision and competence to prioritize economic growth, success can be achieved against all odds. China is now emerging as one of the world’s most powerful nations. Western countries are actively trying to prevent China from becoming the world’s largest economy, but this seems increasingly inevitable. Over the past decade, successive U.S. administrations have shamelessly attempted to cripple China’s economy. They’ve sought to ban Chinese companies from accessing vital materials and technologies in an effort to preserve their dominance in manufacturing. Today, China contributes to nearly half of global manufacturing output. While many developing nations also have large industries, they are mostly owned or controlled by Weste...

Beyond the Hype: Is India Truly Ready to Industrialize or Just Dream Big?

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By Mukesh Devrari  It has been repeated quite often in our media that the economies of India and China were almost equal in size nearly three decades ago. However, today China’s economy is more than six times larger than India’s. The remarkable success of China’s economy has not only changed the global economic landscape but has also pushed the frontiers of human achievement in various areas, including space exploration, artificial intelligence, and manufacturing. Perhaps the most significant impact of China’s economic development has been the lifting of more than 800 million people out of poverty—an unprecedented achievement in human history. As a result, the entire developing world now looks up to China in an attempt to understand how such an economic transformation was made possible. Many countries in Southeast Asia, most prominently Vietnam, are actively replicating China’s development model. Meanwhile, India continues to struggle with industrialization and is attempting to emu...