Comments by "红火树 RedFireTree" (@firetree2007) on "West Bengal's GDP Share Plummets From 10.5% to 5.6% | Gravitas | World News | WION" video.
-
7
-
India is a country needs to have foreign companies, as many as possible, to set up factories in India, to provide jobs to produce "making in India" to learn new techs to develop the country, instead, with the Modi government policy, so many giant foreign company left India, under him, more companies left India than those came in, the government expected "those companies left China all move to India" did not happen, most of them went to Vietnam, this tiny country export the same amount of industry product as India
6
-
6
-
5
-
4
-
4
-
3
-
3
-
I support Modi, Modi is a hero—for China. Now we can relax, with no need to worry about India becoming a competitor, either in industry or in the military. We can be certain that under Modi, India will remain a backward agricultural country.
Yes, this is a fantastic man, Under Modi, India's manufacturing sector as a percentage of GDP has declined. In 2013, it was 17%, but by 2019, it had dropped to 16%. During the election, Modi promised to raise it from 16% to 22% by 2022. Instead, it fell to 13.3% in 2020, and the downward trend continues. In 2023, it further declined to 12.84%. So much for the dream of an industrialized India. Thank you, Modi Ji.
3
-
3
-
3
-
in 2014 India GDP $2 trillion, China, $10 trillion, difference is $8 trillion, with Modi in power with the "world fastest growth, after 10 years", in 2023, India GDP $3.57 billion, China, $18 trillion, different now enlarged to $14.43 trillion.
2
-
2
-
2
-
2
-
2
-
2
-
2
-
2
-
2
-
2
-
2
-
2
-
2
-
1
-
1
-
1
-
@Nopee395 2024
Net FDI flows
US\$10.58 billion
Gross FDI inflows
US\$70.9 billion
The information means that foreign direct investment (FDI) into India has seen a significant drop in 2024 compared to the previous year. Specifically, net FDI inflows, which represent the money coming into the country for business and investments after accounting for outflows, fell by almost 40%, from $42 billion in 2023 to $26.5 billion in 2024. This decline is mainly attributed to global economic challenges, such as rising interest rates, geopolitical tensions, and tighter financial conditions worldwide, making investors more cautious.
Gross FDI, on the other hand, refers to the total amount of foreign capital coming into the country without deducting outflows. Despite the challenges, gross FDI inflows saw only a slight reduction, meaning that while new investments were still coming in, there was a significant amount of money also leaving the country, leading to a large drop in net FDI.
In summary, this indicates a more challenging environment for attracting foreign investments to India, especially in traditional sectors like manufacturing. However, certain industries like AI, software, and telecommunications still attract interest due to India's competitive advantages in these fields.
1
-
1
-
1