Make In India Should Reposition Itself As Weave In India And Dwell With Growth Euphoria
With Indian Economy sending mixed signals and sector after sector caught in whirlpool of uneasiness and some making hasty exit what would it take for India to hit on a high growth trajectory? Probably jobs in manufacturing sector coming in abundance thereby India entering corridor of flamboyance. Exploits of East Asia Dragon are not hard to fathom and these exploits come at random. We are staring at a picture where imports from East Asia Dragon stand well above $100 billion and exports to the same is mere $16 billion and there is urgent need of correction of sorts if India has to gain momentum that is not flat and not well short of gloss.
Equal Footing In Trade Ties Should Be The Engagement Beauty
Mandarins in India should sit down with mandarins of East Asia Dragon and discourse be not all about politics and border tricks and it should be to change the trade narrative where trade imbalance is set right thereby illustrating none wants to essay the script of writ making one side look bright. The decree to dominate should pass into history and equal footing in trade ties should be the engagement beauty. The propensity to talk and not baulk should be the underlining goal even if that means intervention coming from places as dazzling as Seoul. Steely resolve and boldness with enough willpower to take hard decisions would be welcome no matter who is holding reigns of power in other part of world be it Mr Biden or Mr Trump.
Reports In Section Of Press Under Stress
As reports started appearing in a section of Press which undeniably is under lot of stress India has lot of catching up to do if manufacturing sector performance is all to be radiant and true. Manufacturing sector that could not make inroads in the decade gone by and its act of confinement looked visibility permanent despite repeated try. India should galvanise support to up its manufacturing base and this may be a long chase. Manufacturing share in GDP has swung between 14 and 17 percent in a space of 10 years bringing little cheers.
What To Expect By 2072
One expects by 2072 manufacturing sector share in GDP would touch 30 per cent hand in glove with agriculture which too would be in double digit and needing no learned chief visit. We are talking about 2072 and not 2024 as 2024 looked to be record of sorts for East Asia Dragon (China) as never in the history of post World War II strides made by East Asia Dragon were as phenomenal as now as it reached trade surplus of $992 billion on the back of 5.9 per cent growth in exports and this well heard in World Quarters And Courts. East Asia Dragon exports to US witnessed a rise of 4.9 per cent totaling $525 billion and this gave a befitting boost to its world trade surplus of $992 billion which by 2072 would be $4492 billion (Almost $45 trillion) and this is bound to have the comfort of zillion. East Asia Dragon is riding high courtesy robust manufacturing show and from BYD cars (EVs) to chips they all are lending credence to blueprint of jobs and innovation. Though the US doesn't lag behind in manufacturing sector worrisome picture is all about another Asian Giant India and here Make In India should reposition itself as Weave In India And Dwell With Growth Euphoria.
India Has Million Miles To Log And Million Dreams To Chase
India has million miles to log and million dreams to chase and here the beauty lies in its glittering democratic credentials and that should break the backbone of border logjam to breaking the back of inflation and here measures spelt out should be with candid take even if deliberations have taken place next to a lake. Let India's Manufacturing sector has a straight talk, assertive enough to get it going and by 2072 it should be splendid and flowing.
YEDU KONDALWADA VENKATRAMNA GOVINDA GOVINDA
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