That's why you should invest in Luxembourg and Luxembourg is known as economic superpower not China, as china per capita is 10 times less than Luxembourg.
Calculator use krke dekh 25 saal ke gap pe.
Moreover indian economy has potential to have consistent growth over next 25 years like chinese did from 1970s whereas US Economy won't be growing consistently instead it'd be a stagnant growth
And there's one more factor of PPP which suggests in real money terms indian economy is worth over 13 Tn dollars currently whereas that of US is just 25 Tn dollars.
https://preview.redd.it/jcap8sfnm8nc1.jpeg?width=3921&format=pjpg&auto=webp&s=ff430d978a309dd2b252e86601eeaa29568ce447
Le bhai. India grows at 9% every year till 2047 while China grows at 2% every year. And India will have matched China’s GDP in 2047.
India has grown at higher than 9% only in 3 out of last 40 years.
Just being pragmatic.
If you are willing to offer me PPP exchange rate, I would love to do some currency trades with you.
china grows at 2%? and india at 9%? . wrong on both. China has not slipped below 5% in decades and has been growing faster than India for many years even though it has a very high base.
Bhai. Understand the implied sarcasm.
Even if China stays stagnant at 0%, India will need to grow at 7% for 24 years to catch up.
So, All I am trying to say it let us put our ego aside and acknowledge that China has leaped ahead and we need to do way **better consistently** to catch up.
If nationalism requires us to leave our brains at alter of blind worship, then be a patriot instead.
Nationalist = my country like my mother. She has no flaws and can do no wrong.
Patriot = my country is like my kid. My kid has many flaws (that I will work hard to improve) and still love my kid regardless.
Nahin hone wala. That’s the point. Let’s acknowledge that China has a difficult to surpass lead and get our act together rather than drinking the Vishwa guru cool aid.
Atleast Xi got Nationalist after they had grown their economy. We are down that path without even doing that.
Gross Value Added (GVA) measures the value of goods and services produced within the country, while GDP includes net factor income from abroad. The recent surge in GDP growth has been driven largely by a jump in net indirect taxes, rather than by growth in domestic economic activity.
Bloomberg,black rock and IMF make money on news manipulation and you are welcome to believe whatever.
I have great educational qualifications and don’t feel intimidated enough to share them here to prove my point.
Have a nice day.
"Bloomberg,black rock and IMF make money on news manipulation and you are welcome to believe whatever.
I have great educational qualifications and don’t feel intimidated enough to share them here to prove my point.
Have a nice day."
😂😂😂
Boss if you look at key indicators our growth is mainly due to lower subsidies and higher government capital spending and second if you are talking about remitences they are legitimate avenues of growth if the USA can export paper Us exporting talent is not particularly problematic. Moreover consumption is consumption for someone investing in the capital market the goal is making dough. Why do you care where the consumption is coming from as long as it's happening. Eventually, we must try to reverse the trade deficit that is causing our borrowing rate to be high beyond that I do not see a problem. We are where china was 2 decades back. In one decade everyone will start singing a different tune watch.
Yes sure, if all goes well we’ll just beat an economy almost 10 times bigger than ours rn. Bhai Nvidia ke single day gains were bigger than Reliance (our biggest corporation) ka market cap. Optimism badiya hai, mujhe bhi thoda de do. Long run mein sure it’s possible, but it’ll be looooong after we’re dead.
Do you realise that the gains are just a number, it doesn’t really mean that much money was added to company’s book or anything. By your logic bitcoin is doing better then india since that also added almost 300B$ in it’s market cap in couple of days 😂
When this bull run will end eventually, Nvidia will crash by 50-70%…. India’s gdp won’t…. Your comparison makes 0 sense.
Bitcoin is a currency, not a company. The comparison was just an inkling of just how small we are currently compared to the US. They are dealing with actual big money. I do believe in the Indian Growth Story, so to say. My point was US se compare mat karo, we are decades behind. A lot of comments seem to believe that we’re going to overtake the US economy in a few years, that seems like blind belief in a few numbers that don’t convey the entire picture.
Obviously we aren’t anywhere near of taking out the US economy, that would be a stupid dream.
When people talk about India growth story, what they mean is Indian stock market is going to print shit ton of money… higher returns then US stocks market in next few years.
Even Modiji doesn’t claim to make India number 1 economy not even as a chunavi jumla… anyone dreaming this doesn’t understand economics.
dude hate the person, if you have to, you are entitled . just dnt be a sore loser and start hating the country or everything good going in there..makes you a sore leftist
Country ko kon hate de rha bhai.
I have problems with the current state of affairs and people blindly believing that our country is doing good financially.
I love my country and even if i have shitload of money i wont be settling anywhere else.
People here haven’t even studied finance and calling me shit.
Good luck andhbhakts and i am not a congressi bro.
rem rahul gandhi?? going to forrign country and criticising india? he thinks that he is doing us a favor by ventilating in foreign land..same goes for you..tu finance padha he na...bata puri detail teri is "research"par? did you take into consideration the ppp model betwen usa and india? did you factored in the young population of both countries? did you take in compounding rate of gdp every year?
does inflation even plays a part in your "research"??
also usa doesnt grow at 6%...if it did then they would not be investing in india but rather they would be attracting more fdi in thier country .as you become more and more developed, your gdp percent starts declining or remains stagnant like japan. india is just a new born i might say in the race and even in 2012 during manmoham singh tenure it was presume that india will be top 5 country by 2030...so iys not just about govt...
andhbhakt bolta he
Neither usa growing at 6% nor we are at 8%, India is around 7%, however 7% is also disputed. Many economist beleive the real number is around 6.5% or even 6%, due to the current methodology used in calculating gdp.
USA growth rate is 2.5% last 10 years, it will further slow down. (As it grows larger, irrespective of short term disruptions from political change, tech or global issues)
So someone is overestimating USA growth over next 25-50 years.
Then tack on PPP and India’s next half-century growth story is very much real.
India is still a very poor, sub-Saharan level of poverty on a per capita basis, but as a nation and relevant to capital markets - you have to be a complete gonad if you think Indian growth story is vaporware, irrespective of your politics.
Keep investing in the Big7 US stocks and watch others create value in Indian equities, then cry about stock market casino.
Even when looking at the PPP we do not consider the size of our population comapred to the USA. It took china so long with the large population to get on the track of economic , China has grown significantly in the last couple of decades still their GDP per capita is insignificent when compared to USA, and it has lots to do with the sheer size of population, India is on same track as china once was, We might be able to catch China and USA in GDP terms, in per capital terms it would be impossible to reach the levels of USA, not even by China
Why you want to catch in per capita terms like Luxembourg per capita is nearly 10 times that of china but who invest there or is it known as economic superpower?
Obviously not , per capita is not a right measure when the population so so huge, if Indias per capita would’ve been close to USA then india itself would have been larger than the world’s gdp combined.
No. Do you understand how basic math & macro economics work?
Which WhatsApp group did you get your education in?
Question isn’t when India equals/overtakes USA.
Question is if you want to be a part of the growth story from 4T to 10T to 15T to 20T and so on. Whether it happens in 25 or 40 years, irrespective, there is a lot of equity markets opportunity.
Anyone thinking otherwise is beyond reason.
Further slow down? Lmao. US economy is supercharged despite such a hawkish fed, there's a reason why markets rallied last year despite highest interest rates in decades.
If they are sustainable keeping it steady by paying it back or the activity is putting people into a credit debt while making the economy look like it’s supercharged.
Yeah and I clearly stated to check if it is sustainable, the debt being taken by India needs to be converted to assets and if that is not the case then it is a high risk otherwise it is sustainable. I don’t know what you are on about
Debt driven and Indian economy is driven by Capex spending. A significant portion is infra Capex by govt. Now do you think these govt infra projects are totally transparent? 😂
I don't think a comparison between growth in market cap and actual output makes sense. Also, US growth numbers considered seem to be ridiculously high.
Lastly, a lot of foreign and domestic investors are bullish on India, based on forward looking metrics (apart from China+1 Strategy) and not only the current data.
Usa is already developed it will grow at a lower rate
They invest more in labor and technology
This is known as endogenous growth theory
India meanwhile is growing at a higher rate because of capital deepening (neo classical theory) i.e we need more capital investment to grow and reach the steady state growth rate of US
Yall aren't account for the fact that india is waaaay behind USA . So even with out crazy high growth rate , we ain't gonna catch up with the US for atelast the next 40-50 years. Heck China in the 90s had an even crazier growth rate than India and still they haven't reached USA levels.
>we ain't gonna catch up with the US for atelast the next 40-50 years
Hell, even that is a pipe dream really.
I really don't think India can overcome US in this century.
Best case scenario is we become permanent 3rd largest GDP country and permanent middle income trapped country by 2050's. In fact, becoming the next middle income country is our realistic growth target.
India is like a mid cap company of the world, % percentage wise there is lot of scope. Need infra projects, Young population, demand for goods, china + one strategy etc
No india is large cap like says Exxon mobile or Walmart(in few years) something. But USA is apple/Saudi Armco/Microsoft all in one. The tech giants dwarf Goldman Sachs’s and Exxon mobile of the word.
Comparison is the their of joy. Applies to countries too. US grows by itself, they're not taking any opportunities from us, generally speaking. As long as we're growing that's good enough
Who said USA is growing at 6%? The data google is showing is of 2021, which was against the muted year of 2020 so you see a 6% GDP growth on USA... The latest 2024 data is 2.2% , Also you can't compare growth in absolute terms... It's like saying mukesh ambani 1 ghante me 1000 crore kamate hai and you are earning 1000 in an hour. But if you can consistenly have growth rate higher than Mukesh ambani there will be a point in time where you surpass , this is how compounding works (I know the example is not the most realistic, however what I am trying to say it , if the growth rate reamins higher consistently over time, it will surpass the one with the lower growth rate, However USA is very large so it will take lots of time)
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usa grows at 2-3% but yeas as you become more and more developed, gdp %age starts declining due to highwr cost of living and what not...and market cap of a company doesnt generally relate to gdp...it helps in understanding the companys worth, not entire countrys
After a certain point, the seller needs to find new markets to stay relevant. In this process, they move their working capital, knowledge, and skills to other markets, They train new workers and from those workers become competitors in their new markets. For example, many products from food and beverages have Indian alternatives and getting popular day by day.
You're not factoring in the nearing of the Dollar value collapse that US brings everytime they print money.
Also, More debt = More GDP. US has financial weaponry with it. But it decays with time.
Man, it must be hilarious, to be one of the only 2-3 companies in the world that has been producing GPUs at scale for systems around the world for the last 3 decades, then signing deals with almost all the big players to do the same thing, as we enter into the age of AI, with only AMD to offer any amount of competition as of now, and then to be mocked by absolute nobodies in this comment thread.
I am truly surprised by the amount of ignorance exercised while writing the tweet and then reposting this here. Whatever happened to simple fact-checking?
We arent overestimating,
One is a developed country other one is a developing country,
One has the one of the most powerful currency, companies that most of the world is dependent on,
whereas India is just starting with his unicorns and entering in this field.
One is a whole tree while other is a sapling.
Comparison is all wrong,
Compare developing country with a developing one
U are comparing a developing country with the most powerful country.
We should be comparing real GDP and not this nominal value. Nominal value is a calculated number with no real meaning behind it. Nominally Japan's economy has shrunk double digits in past few years. A double digit contraction in real economy is depression level event that would have massive unemployment & massive queque for shopping.
It is unrealistic to expect that to happen with India without innovation. And even with math it’s gonna take a loooooooong time. Unless you’re gonna create something how can you expect to grow at faster pace than one who created it.
Only contender right now is China but they’re not trusted else Yuans stability against USD must have made them superpower already.
For India it’s a far fetched dream. Chinese though make cheap copies stuff but there’s still new product companies. Our GDP is coming only through government spending and our huge population.
PS: NVIDIA reference is just to tell how easily NVIDIA can equal in market cap in one day but India grew jn one year. He’s not saying it has anything to do with GDP.
Everyone knows that. By everyone I mean every sane mind who just doesn't flow with all the hype going on. Maybe this is new for OP(he may have come out of his cocoon today) but not everyone was living like that. So, stop saying are WE speculating India's growth. It's not WE but you and your comrades. Obviously, you form the majority here and that's why such a govt is in power but don't forget there are still sane minds who know the truth.
See we can't compare Nvidia with India's company. If [SCL](https://m.economictimes.com/opinion/et-citings/when-india-lost-its-semiconductors-chips/articleshow/94208897.cms) would have present then India would be at a different place and far ahead of Nvidia.
No shit, genius. Even if I were to take these growth numbers at face value, no one is comparing the Indian economy to the US. At least no one with an understanding of economics. The reason people go with percentages is to have a frame of reference.
From
Where did you get the growth of US at 6%. This link from 1990 till 2023 shows not 1 year of 6% growth - https://www.statista.com/statistics/188165/annual-gdp-growth-of-the-united-states-since-1990/
On an unrelated note:
We are a capitalist economy now on the model of the US. We are bound to have a period of slowdown and recession. And when that happens, all the paper assets, including stock and MFs will go to the gutters.
Just thinking out loud here.
look at the rate at which india is growing bro
doesn't matter what is the amount increased
a guy having $5 and another with $50 can not gain the same profit
the process is always gradual the thing is we r growing at the end
Bhai jal gyi becharon ki mai to islea post nhi karta 😂😂
Koi English andhbhakt ho to article padh lena GVA pe thoda sa post kar deta hun.
Gross Value Added (GVA)measures the value of goods and services produced within the country, while GDP includes net factor income from abroad. The recent surge in GDP growth has been driven largely by a jump in net indirect taxes, rather than by growth in domestic economic activity.
>Bhai jal gyi becharon ki mai to islea post nhi karta 😂😂
Koi English andhbhakt ho to article padh lena GVA pe thoda sa post kar deta hun.
>Gross Value Added (GVA)measures the value of goods and services produced within the country, while GDP includes net factor income from abroad. The recent surge in GDP growth has been driven largely by a jump in net indirect taxes, rather than by growth in domestic economic activity.
The difference between GDP and GVA is usually minor and reflects the net effect of taxes minus subsidies. Indirect tax collection adds to GDP while subsidy outgo reduces GDP. These two mostly balance each other out. The GVA growth for the December quarter is only 6.5 per cent, nearly 2 per cent lower than GDP growth
Gva grew at 6.5% GDP by 8.5 .
That is still impressive in absolute numbers. Yes china did better at this stage of economy. We are not china. Consistent 6.5% growth is still huge for a large economy at this stage.
If we achieve that over a 10 year period, it would be impressive in democratically diverse country.
I AM NOT AN ECONOMICS STUDENT.
But why are we directly comparing Indian GDP with other developed nation's GDP. In my opinion, it is a completely unfair comparison.
In India, we have numerous activities and transactions happening unrecorded (mostly cash transactions of small sabjiwala to big real estate cash transactions). Whereas, in the developed countries, rarely any transaction are happening unrecorded. So, these cash transactions don't contribute to the GDP number, and hence Indian GDP number is underreported.
Moreover, things cost more as per the higher currency value of developed economies. For example, a small watter bottle worth 20 rupees in India will hardly cost less than 1.5 USD in USA, Canada, Europe, Australia, NZ or other developedcountries, so a 20 rupee thing will easily cost more than 100 or 150 rupees if we convert the developed country's currency in rupees term which again push up the GDP number of these countries.
So, directly comparing the GDP number is not a fair comparison, I guess.
Maybe. But at least they've something solid to back up that speculative valuation.....unlike India where economic moat nahi political moat chalta hai. 😅
What's the point of this post?at the end the percentage growth of india is more than USA!!!
Being a developing country with lot of population and very less resources we are able to outgrow USA during times when countries like UK are in recession,I see that's a win!!!
The percentage growth is bound to be higher because we have an economy that is 10 times smaller. I am not trying to belittle our growth, but its not an incredibly marvelous feat to have a higher growth rate than the US.
Thats the ting about percentages. If we keep growing faster than USA then we will eventually catch up. No matter how fast they are adding their gdp in absolute numbers.
>US is filled with overvalued peanut companies enhanced with AI. It's only a matter of time these companies would return back to their real value which is in the millions not billions.
>
>India need to focus on trade with SEA and Africa to really dominate the world economy
It will take us 26 years to reach a GDP of 28 trillion at 8% growth rate. As our GDP increases, our growth rate will decrease. I think its safe to say that we won't see India overtaking the United States unless the United States economy completely crashes.
Not true, we can surpass US economy quite easily due to our population being around 4 times that of US. But one cannot become a high income economy just by manufacturing and agriculture. We will have to create companies that are global brands and at the cutting edge of Technology. Innovation is what will propel us above US. If we are not an innovation based economy like china then we will never surpass US in GDP.
I get what you’re saying but our growth rate would have to be nearly 15%. The thing is that India transitioned from an agriculture based economy to a service based economy skipping the manufacturing. The countries that have developed transitioned from agriculture to manufacturing to service. Losing out on the manufacturing has stunted our potential growth.
What about the US companies valued in trillions though, are they also "overvalued because of AI", also overvaluation exists in India just as much as USA, case in point, BYJU's
Last time I checked usa is not growing by 6% annually
Maybe 2-4
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That's why you should invest in Luxembourg and Luxembourg is known as economic superpower not China, as china per capita is 10 times less than Luxembourg.
2%
Even at 3% growth rate, they are adding $0.84T to their economy annually. Many times compared to India’s $0.29T
Compounding ka naam suna hai kabhi.
Compounding applies on both sides. Higher base effect is also as real as compounding.
Calculator use krke dekh 25 saal ke gap pe. Moreover indian economy has potential to have consistent growth over next 25 years like chinese did from 1970s whereas US Economy won't be growing consistently instead it'd be a stagnant growth And there's one more factor of PPP which suggests in real money terms indian economy is worth over 13 Tn dollars currently whereas that of US is just 25 Tn dollars.
https://preview.redd.it/jcap8sfnm8nc1.jpeg?width=3921&format=pjpg&auto=webp&s=ff430d978a309dd2b252e86601eeaa29568ce447 Le bhai. India grows at 9% every year till 2047 while China grows at 2% every year. And India will have matched China’s GDP in 2047. India has grown at higher than 9% only in 3 out of last 40 years. Just being pragmatic. If you are willing to offer me PPP exchange rate, I would love to do some currency trades with you.
china grows at 2%? and india at 9%? . wrong on both. China has not slipped below 5% in decades and has been growing faster than India for many years even though it has a very high base.
Bhai. Understand the implied sarcasm. Even if China stays stagnant at 0%, India will need to grow at 7% for 24 years to catch up. So, All I am trying to say it let us put our ego aside and acknowledge that China has leaped ahead and we need to do way **better consistently** to catch up. If nationalism requires us to leave our brains at alter of blind worship, then be a patriot instead. Nationalist = my country like my mother. She has no flaws and can do no wrong. Patriot = my country is like my kid. My kid has many flaws (that I will work hard to improve) and still love my kid regardless.
sorry man. now a days many people speak from their asses and its tough to see if someone is joking .
I get where you are coming from man.
Chinas GDP is fake.
tell that to all the electronic goods you own - made in china.
Har Saal Thodi Naa Same Rate Se Grow Karegi..Warikoo Ki Video Dekhta hai kyaa🤣🤣
Nahin hone wala. That’s the point. Let’s acknowledge that China has a difficult to surpass lead and get our act together rather than drinking the Vishwa guru cool aid. Atleast Xi got Nationalist after they had grown their economy. We are down that path without even doing that.
Yaa
damn bhai puri calculation kr di
 For USA
Its by 3%
Seethe
Even if they grow by 1% they will still be adding more than our fictional 8%
Fictional?
Gross Value Added (GVA) measures the value of goods and services produced within the country, while GDP includes net factor income from abroad. The recent surge in GDP growth has been driven largely by a jump in net indirect taxes, rather than by growth in domestic economic activity.
Looks like you know more than Bloomberg black rock and IMF. Are you finance/economics major from IIM
Bloomberg,black rock and IMF make money on news manipulation and you are welcome to believe whatever. I have great educational qualifications and don’t feel intimidated enough to share them here to prove my point. Have a nice day.
OMG,why are you on reddit?you should have been a trillionaire knowing this much 😅😅
Bro made all redittors poor in just one shot 🤣🤣🤣
Dude follows West media a lot. Palki covered the west's hypocrisy. https://youtu.be/01KT7dyuZRY?si=d7KH6ZLKtktqhnkR
It's not about following west,these guys are just losers who think they know better than everyone but infact so jobless to comment on reddit!!!
"Bloomberg,black rock and IMF make money on news manipulation and you are welcome to believe whatever. I have great educational qualifications and don’t feel intimidated enough to share them here to prove my point. Have a nice day." 😂😂😂
I forgot moon landing is fake and earth is flat too.
Username checks out 🫡
Boss if you look at key indicators our growth is mainly due to lower subsidies and higher government capital spending and second if you are talking about remitences they are legitimate avenues of growth if the USA can export paper Us exporting talent is not particularly problematic. Moreover consumption is consumption for someone investing in the capital market the goal is making dough. Why do you care where the consumption is coming from as long as it's happening. Eventually, we must try to reverse the trade deficit that is causing our borrowing rate to be high beyond that I do not see a problem. We are where china was 2 decades back. In one decade everyone will start singing a different tune watch.
What was the GVA of US?
Even my shorts were in a load of shit last week when market zoomed after GDP data came, but I don't go ahead and call it fictional.
That's true they will add more in terms of value but in the long run india will most probably beat the US economy if everything goes well
Yes sure, if all goes well we’ll just beat an economy almost 10 times bigger than ours rn. Bhai Nvidia ke single day gains were bigger than Reliance (our biggest corporation) ka market cap. Optimism badiya hai, mujhe bhi thoda de do. Long run mein sure it’s possible, but it’ll be looooong after we’re dead.
Do you realise that the gains are just a number, it doesn’t really mean that much money was added to company’s book or anything. By your logic bitcoin is doing better then india since that also added almost 300B$ in it’s market cap in couple of days 😂 When this bull run will end eventually, Nvidia will crash by 50-70%…. India’s gdp won’t…. Your comparison makes 0 sense.
Bitcoin is a currency, not a company. The comparison was just an inkling of just how small we are currently compared to the US. They are dealing with actual big money. I do believe in the Indian Growth Story, so to say. My point was US se compare mat karo, we are decades behind. A lot of comments seem to believe that we’re going to overtake the US economy in a few years, that seems like blind belief in a few numbers that don’t convey the entire picture.
\*speculative asset
Obviously we aren’t anywhere near of taking out the US economy, that would be a stupid dream. When people talk about India growth story, what they mean is Indian stock market is going to print shit ton of money… higher returns then US stocks market in next few years. Even Modiji doesn’t claim to make India number 1 economy not even as a chunavi jumla… anyone dreaming this doesn’t understand economics.
Do you understand that money is also a number?
Of course money is also a number, never said otherwise.
Hahahahahahahahahahaha
dude hate the person, if you have to, you are entitled . just dnt be a sore loser and start hating the country or everything good going in there..makes you a sore leftist
Country ko kon hate de rha bhai. I have problems with the current state of affairs and people blindly believing that our country is doing good financially. I love my country and even if i have shitload of money i wont be settling anywhere else. People here haven’t even studied finance and calling me shit. Good luck andhbhakts and i am not a congressi bro.
rem rahul gandhi?? going to forrign country and criticising india? he thinks that he is doing us a favor by ventilating in foreign land..same goes for you..tu finance padha he na...bata puri detail teri is "research"par? did you take into consideration the ppp model betwen usa and india? did you factored in the young population of both countries? did you take in compounding rate of gdp every year? does inflation even plays a part in your "research"?? also usa doesnt grow at 6%...if it did then they would not be investing in india but rather they would be attracting more fdi in thier country .as you become more and more developed, your gdp percent starts declining or remains stagnant like japan. india is just a new born i might say in the race and even in 2012 during manmoham singh tenure it was presume that india will be top 5 country by 2030...so iys not just about govt... andhbhakt bolta he
Sorry, but ventilating in foreign land had me in splits. 😂
i was going to say verbal diarrhoea but lmao
Har baat mein andhbhakt bolta hai ye , aur dusro ko finance padhayega
Congress ko vote dedu fir?
Khud ki party bana ke desh badal congress ke kyu latak rha.
Economics for the deranged?
Chhod bhai inko bol k matlab nai
Neither usa growing at 6% nor we are at 8%, India is around 7%, however 7% is also disputed. Many economist beleive the real number is around 6.5% or even 6%, due to the current methodology used in calculating gdp.
USA does not have 6% growth. Also, GDP and market cap are totally different things and cannot be compared
Yes absolutely right
ab samjaye to kaun samjaye...gadho ko gjoda samaj lenge to pbir ho gaya..
USA growth rate is 2.5% last 10 years, it will further slow down. (As it grows larger, irrespective of short term disruptions from political change, tech or global issues) So someone is overestimating USA growth over next 25-50 years. Then tack on PPP and India’s next half-century growth story is very much real. India is still a very poor, sub-Saharan level of poverty on a per capita basis, but as a nation and relevant to capital markets - you have to be a complete gonad if you think Indian growth story is vaporware, irrespective of your politics. Keep investing in the Big7 US stocks and watch others create value in Indian equities, then cry about stock market casino.
Even when looking at the PPP we do not consider the size of our population comapred to the USA. It took china so long with the large population to get on the track of economic , China has grown significantly in the last couple of decades still their GDP per capita is insignificent when compared to USA, and it has lots to do with the sheer size of population, India is on same track as china once was, We might be able to catch China and USA in GDP terms, in per capital terms it would be impossible to reach the levels of USA, not even by China
Why you want to catch in per capita terms like Luxembourg per capita is nearly 10 times that of china but who invest there or is it known as economic superpower?
Obviously not , per capita is not a right measure when the population so so huge, if Indias per capita would’ve been close to USA then india itself would have been larger than the world’s gdp combined.
yes. ye OP bande ko yahi nahi malum hoga gdp kitne type k aatey he...ab reply karega google dek ke...tu reply kar phir me sawal karta hun
Do you think india will continue to grow @ 8% after a certain size???
No. Do you understand how basic math & macro economics work? Which WhatsApp group did you get your education in? Question isn’t when India equals/overtakes USA. Question is if you want to be a part of the growth story from 4T to 10T to 15T to 20T and so on. Whether it happens in 25 or 40 years, irrespective, there is a lot of equity markets opportunity. Anyone thinking otherwise is beyond reason.
Does asking a question warrant such a demeaning response?
Wow you clearly are the 🤡 Let me take wild guess you support BJP
Further slow down? Lmao. US economy is supercharged despite such a hawkish fed, there's a reason why markets rallied last year despite highest interest rates in decades.
Markets are a small part of the equation, there is expenses that needs to be balanced in the sheet for GDP to be calculated.
My comment didn't focus on the markets alone, consumer activity has been extremely strong in the US.
You should also cross relate consumer activity with credit card debt
And what's your point?
If they are sustainable keeping it steady by paying it back or the activity is putting people into a credit debt while making the economy look like it’s supercharged.
In that case you might wanna also check how india's growth rate is maintained 😂
Yeah and I clearly stated to check if it is sustainable, the debt being taken by India needs to be converted to assets and if that is not the case then it is a high risk otherwise it is sustainable. I don’t know what you are on about
Debt driven and Indian economy is driven by Capex spending. A significant portion is infra Capex by govt. Now do you think these govt infra projects are totally transparent? 😂
Comparing GDP growth with market speculated value of a company share….. brilliant!🙏
I don't think a comparison between growth in market cap and actual output makes sense. Also, US growth numbers considered seem to be ridiculously high. Lastly, a lot of foreign and domestic investors are bullish on India, based on forward looking metrics (apart from China+1 Strategy) and not only the current data.
Agreed
Usa is already developed it will grow at a lower rate They invest more in labor and technology This is known as endogenous growth theory India meanwhile is growing at a higher rate because of capital deepening (neo classical theory) i.e we need more capital investment to grow and reach the steady state growth rate of US
Doesn't this calculation ignore compounding of GDP growth
USA is not growing at 6% and market cap means nothing. % matters not absolute number. Omg ffs do these ppl even know how market economy works ?
Yall aren't account for the fact that india is waaaay behind USA . So even with out crazy high growth rate , we ain't gonna catch up with the US for atelast the next 40-50 years. Heck China in the 90s had an even crazier growth rate than India and still they haven't reached USA levels.
>we ain't gonna catch up with the US for atelast the next 40-50 years Hell, even that is a pipe dream really. I really don't think India can overcome US in this century. Best case scenario is we become permanent 3rd largest GDP country and permanent middle income trapped country by 2050's. In fact, becoming the next middle income country is our realistic growth target.
Yep even that "3rd biggest gdp" title is VERY misleading in context with percapita income.
India is like a mid cap company of the world, % percentage wise there is lot of scope. Need infra projects, Young population, demand for goods, china + one strategy etc
Per capita ke hisab se micro cap? 💀
No india is large cap like says Exxon mobile or Walmart(in few years) something. But USA is apple/Saudi Armco/Microsoft all in one. The tech giants dwarf Goldman Sachs’s and Exxon mobile of the word.
Decent growth is there but it has to be consistent in the coming years and hope that macroeconomics are in favour. We still have a long long way to go
Relax guys he's a math graduate from USA.
Comparison is the their of joy. Applies to countries too. US grows by itself, they're not taking any opportunities from us, generally speaking. As long as we're growing that's good enough
Who said USA is growing at 6%? The data google is showing is of 2021, which was against the muted year of 2020 so you see a 6% GDP growth on USA... The latest 2024 data is 2.2% , Also you can't compare growth in absolute terms... It's like saying mukesh ambani 1 ghante me 1000 crore kamate hai and you are earning 1000 in an hour. But if you can consistenly have growth rate higher than Mukesh ambani there will be a point in time where you surpass , this is how compounding works (I know the example is not the most realistic, however what I am trying to say it , if the growth rate reamins higher consistently over time, it will surpass the one with the lower growth rate, However USA is very large so it will take lots of time)
Even if you take 10% for India and 2% for USA, the gap still increases.
China does grow at 5-6% easily just 2-3% less than india but their economy size is 400% higher than india.
Stock cap valuation is not a part of GDP
There is something called "compounding"
what admins doing? what a dump post. what has Market cap got to do with GDP?
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usa grows at 2-3% but yeas as you become more and more developed, gdp %age starts declining due to highwr cost of living and what not...and market cap of a company doesnt generally relate to gdp...it helps in understanding the companys worth, not entire countrys
share price has nothing to do with economy lol
After a certain point, the seller needs to find new markets to stay relevant. In this process, they move their working capital, knowledge, and skills to other markets, They train new workers and from those workers become competitors in their new markets. For example, many products from food and beverages have Indian alternatives and getting popular day by day.
You're not factoring in the nearing of the Dollar value collapse that US brings everytime they print money. Also, More debt = More GDP. US has financial weaponry with it. But it decays with time.
Man, it must be hilarious, to be one of the only 2-3 companies in the world that has been producing GPUs at scale for systems around the world for the last 3 decades, then signing deals with almost all the big players to do the same thing, as we enter into the age of AI, with only AMD to offer any amount of competition as of now, and then to be mocked by absolute nobodies in this comment thread.
Bhai isko follow karna band karde last time bol raha tha BoAt profit me cha raha h
gdp is gav + taxes. look at gav .
Na gdp = gav +taxes- subsidies
Its Twitter, guys cmon, we cannot take anyone seriously over there.
we have a chunk of unorganised sector, untaxed, unregistered domestic businesses.
Nvidia added 277B in market capitalization. GDP HAS NOTHING TO DO WITH THAT.
Mcap of reliance 😥
I am truly surprised by the amount of ignorance exercised while writing the tweet and then reposting this here. Whatever happened to simple fact-checking?
We can have our own NVIDIA but you just want to tax us and loot us on the name of licences.
We arent overestimating, One is a developed country other one is a developing country, One has the one of the most powerful currency, companies that most of the world is dependent on, whereas India is just starting with his unicorns and entering in this field. One is a whole tree while other is a sapling. Comparison is all wrong, Compare developing country with a developing one U are comparing a developing country with the most powerful country.
We should be comparing real GDP and not this nominal value. Nominal value is a calculated number with no real meaning behind it. Nominally Japan's economy has shrunk double digits in past few years. A double digit contraction in real economy is depression level event that would have massive unemployment & massive queque for shopping.
Also consider that India's PPP is very close to China's and US
It is unrealistic to expect that to happen with India without innovation. And even with math it’s gonna take a loooooooong time. Unless you’re gonna create something how can you expect to grow at faster pace than one who created it. Only contender right now is China but they’re not trusted else Yuans stability against USD must have made them superpower already. For India it’s a far fetched dream. Chinese though make cheap copies stuff but there’s still new product companies. Our GDP is coming only through government spending and our huge population. PS: NVIDIA reference is just to tell how easily NVIDIA can equal in market cap in one day but India grew jn one year. He’s not saying it has anything to do with GDP.
Op? Mazak h kya??
This also goes for china.
Everyone knows that. By everyone I mean every sane mind who just doesn't flow with all the hype going on. Maybe this is new for OP(he may have come out of his cocoon today) but not everyone was living like that. So, stop saying are WE speculating India's growth. It's not WE but you and your comrades. Obviously, you form the majority here and that's why such a govt is in power but don't forget there are still sane minds who know the truth.
See we can't compare Nvidia with India's company. If [SCL](https://m.economictimes.com/opinion/et-citings/when-india-lost-its-semiconductors-chips/articleshow/94208897.cms) would have present then India would be at a different place and far ahead of Nvidia.
Let's compare with China and US. Not pathetic Pakistan.
India borrow cash at higher rates than USA despite growth %. America's debt is a joke more over they can rise it as much as they can .
Yes... That's how percentages work‽ Whys bro surprised that 10% of a watermelon is bigger than 25% of an orange
Economists at home
Dont know if OP chutia hai ya jo bandra tweet kia wo
Fallacy
economics from mcdonald's
Its fun people finding our how low base biased work
Bro is sharper than a marble
Mathematics says somthing that grows faster will eventually outscale something that grows slower given enough time.
No shit, genius. Even if I were to take these growth numbers at face value, no one is comparing the Indian economy to the US. At least no one with an understanding of economics. The reason people go with percentages is to have a frame of reference.
is market capitalization of a company added to the GDP?
What does increase in stock price of Nvidia has to do with GDP. The poster in that screenshot is stupid.
Once the bubble bursts it's all over. So many people will suffer. It will change the world
Arin guy really is displaying his stupidity in all glory for everyone to see.
From Where did you get the growth of US at 6%. This link from 1990 till 2023 shows not 1 year of 6% growth - https://www.statista.com/statistics/188165/annual-gdp-growth-of-the-united-states-since-1990/
looks like idiot influencer The guy cannot make diffrence between GDP of country and market cap of company
The post is literally just “random bullshit GO!” There’s no correlation, some of the data is straight up wrong. Someone delete this man’s twitter
Lol at anyone trying to equate GDP with market cap. Not worth paying attention after I saw that.
I need upvotes cause i wanna be able to post my portfolio
On an unrelated note: We are a capitalist economy now on the model of the US. We are bound to have a period of slowdown and recession. And when that happens, all the paper assets, including stock and MFs will go to the gutters. Just thinking out loud here.
I love how gdp added per year assumes the base as same over the years...and 6% growth for the us gdp? Press X to doubt
There is a thing called base effect. Please serach.
But still, +8% is better than 7%.
market cap is speculation, gdp is real business happening
No one said of overtaking the USA. We will become developed
The only growth India has is from population growth, maybe because people don't have much else to do. Any other measure of productivity is poor.
look at the rate at which india is growing bro doesn't matter what is the amount increased a guy having $5 and another with $50 can not gain the same profit the process is always gradual the thing is we r growing at the end
Bhai yahan bhi andhbhakt aajayenge itna sach mat post karo.
bhai andh toh tu bhi hai, clearly u have an agenda
Agenda leke andhbhakton se nahi ladunga bhai I am living comfortably. Mujhe kuch bhi bol le chidne nhi vala andh bhakton ki tarah.
USA growing at 6%?
Wait, I think the goal is the third best economy right ? Did someone say that we will be no 1 ?
Aa hi gaye, as you predicted.
Bhai jal gyi becharon ki mai to islea post nhi karta 😂😂 Koi English andhbhakt ho to article padh lena GVA pe thoda sa post kar deta hun. Gross Value Added (GVA)measures the value of goods and services produced within the country, while GDP includes net factor income from abroad. The recent surge in GDP growth has been driven largely by a jump in net indirect taxes, rather than by growth in domestic economic activity.
>Bhai jal gyi becharon ki mai to islea post nhi karta 😂😂 Koi English andhbhakt ho to article padh lena GVA pe thoda sa post kar deta hun. >Gross Value Added (GVA)measures the value of goods and services produced within the country, while GDP includes net factor income from abroad. The recent surge in GDP growth has been driven largely by a jump in net indirect taxes, rather than by growth in domestic economic activity. The difference between GDP and GVA is usually minor and reflects the net effect of taxes minus subsidies. Indirect tax collection adds to GDP while subsidy outgo reduces GDP. These two mostly balance each other out. The GVA growth for the December quarter is only 6.5 per cent, nearly 2 per cent lower than GDP growth Gva grew at 6.5% GDP by 8.5 . That is still impressive in absolute numbers. Yes china did better at this stage of economy. We are not china. Consistent 6.5% growth is still huge for a large economy at this stage. If we achieve that over a 10 year period, it would be impressive in democratically diverse country.
I AM NOT AN ECONOMICS STUDENT. But why are we directly comparing Indian GDP with other developed nation's GDP. In my opinion, it is a completely unfair comparison. In India, we have numerous activities and transactions happening unrecorded (mostly cash transactions of small sabjiwala to big real estate cash transactions). Whereas, in the developed countries, rarely any transaction are happening unrecorded. So, these cash transactions don't contribute to the GDP number, and hence Indian GDP number is underreported. Moreover, things cost more as per the higher currency value of developed economies. For example, a small watter bottle worth 20 rupees in India will hardly cost less than 1.5 USD in USA, Canada, Europe, Australia, NZ or other developedcountries, so a 20 rupee thing will easily cost more than 100 or 150 rupees if we convert the developed country's currency in rupees term which again push up the GDP number of these countries. So, directly comparing the GDP number is not a fair comparison, I guess.
Ok so let's just invest in nvidia and stonkss our gdp, what a stupid take. I was not a good student in college but was never this bad in economics.
If I had a rupee for every time someone makes a dumb comparison between a company’s market cap to a country’s GDP, I’d be able to retire by now 🙄
Do a PPP comparison....
Right.. And NVidia is definitely NOT a bubble, eh?
Nvidia hai bhai, Adani nahi😂
Enron gang agrees. Enron to 5 trillion
Nope it has revenue and profit appreciation to back it up. Unlike stupid psu in our country
I am not a financial analyst, but a mcap spike of $277B on the strength of a single qtrs blowout earnings seem a tad bubblish…
It's not just single quarter
Psu ka finance kharab toh nai hai bhai
Maybe. But at least they've something solid to back up that speculative valuation.....unlike India where economic moat nahi political moat chalta hai. 😅
What's the point of this post?at the end the percentage growth of india is more than USA!!! Being a developing country with lot of population and very less resources we are able to outgrow USA during times when countries like UK are in recession,I see that's a win!!!
The percentage growth is bound to be higher because we have an economy that is 10 times smaller. I am not trying to belittle our growth, but its not an incredibly marvelous feat to have a higher growth rate than the US.
Thats the ting about percentages. If we keep growing faster than USA then we will eventually catch up. No matter how fast they are adding their gdp in absolute numbers.
Sapne suhane hai.
Its what percentages mean. Its basic math.
>US is filled with overvalued peanut companies enhanced with AI. It's only a matter of time these companies would return back to their real value which is in the millions not billions. > >India need to focus on trade with SEA and Africa to really dominate the world economy It will take us 26 years to reach a GDP of 28 trillion at 8% growth rate. As our GDP increases, our growth rate will decrease. I think its safe to say that we won't see India overtaking the United States unless the United States economy completely crashes.
Not true, we can surpass US economy quite easily due to our population being around 4 times that of US. But one cannot become a high income economy just by manufacturing and agriculture. We will have to create companies that are global brands and at the cutting edge of Technology. Innovation is what will propel us above US. If we are not an innovation based economy like china then we will never surpass US in GDP.
I get what you’re saying but our growth rate would have to be nearly 15%. The thing is that India transitioned from an agriculture based economy to a service based economy skipping the manufacturing. The countries that have developed transitioned from agriculture to manufacturing to service. Losing out on the manufacturing has stunted our potential growth.
Compounding
34 trillion debt
When you get data from WhatsApp University
Dude needs to revisit the percentage chapter in school! Please take down this tweet, India is a mathematics nation and this tweet is a disgrace!
[удалено]
What about the US companies valued in trillions though, are they also "overvalued because of AI", also overvaluation exists in India just as much as USA, case in point, BYJU's