In 2025, India can be the rapidly growing major economy in the world. But when producing it, it still plays seizures. Wealth Advisor gives a shiny gap: “Vietnam, Indonesia's dual and China's ratio is only half the ratio.
India is often posted as an alternative to China of global supply chains, and its product base is different. In fact, Vietnam has grown more than three times more than India.
“Indian manufacturing has a dearth of staff, so heavily dependent on importing,” he says. According to him, the problem is inappropriate to teach the education sector job market. ” “Providing a headache for courts, bureaucracy and corruption and factory owners,” he added. “
Supports the diagnosis. China's commodity exports in 2024 compared to India's $ 428 billion in 2024. Vietnam was $ 347 billion despite its small size. In the growth conditions, the exports of Vietnam has increased by 983% growth in Vietnam since 2005 and is greater than 339% growth in India.
Even with a growth rate of Rs. This year, India is expected to add $ 383 billion to GDP this year and China will add $ 1.26 trillion. If China surpasses China, India has never achieved two-digit growth in one year, since 1980, China has done 15 times.
The Government of India is investing in infrastructure, industrial corridor and skills program. But Ararara's warning is clear: Rear the production of global peers without the structural reform of education and control.