10 years worth of GE engines for tejas and future amca, also the apaches that have been stuck for a while now.
Who knows, India reported 6% gdp growth is self reported not independently verified, Numerous economists both in india and elsewhere have brought attention to this for years, some estimate that actual growth in modi years has been avg of 2-3%.
India's manufacturing % per the gdp has DECREASED past 10+ years instead of increasing during the years they got the most investment into the country.
Look at how Vietnam and India are at the same point in 2010, and look at them now
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Sure india's gdp over all grew so by raw numbers manufacturing did increase(It increased in country like pakistan too, both of them are at same 13-14% numbers) but the major investment didnt go into this at all, not from outside or local billionaires (which india has more than japan now, 248 vs 40)
Even india's Apple plants are only FATP zones aka final assembly, test and pack. They import everything from China (money goes back to China, leaves india, increases its trade deficit with china too) and it only assembles to get the 'made in india' title.
Their Net FDI is also collapsing
Because indian billionaires are taking their money and investing in western countries stocks and companies for 'higher growth/returns'
Honestly India's rival isnt China, its Vietnam when it comes to manufacturing/economy.
They are bringing their people out of poverty too much faster in much shorter time while 1 bn people are still under it in india.
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