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VIDEO INTRODUCTION:
Hi everybody,
I have a question for you. Do you believe India can become a superpower? Do you believe we could beat China to become the manufacturing powerhouse of the world? If yes, then you would know that in the past 10 years, the government of India has taken some serious steps to build the nation that we all aspire to live in! A nation that stands as the epitome of growth power and development! A nation that can forget its horrific past of being oppressed and poor and look at itself as a dominating force in the world economy! And this was a historic moment for India when our PM delivered a speech to the US Congress!
Now considering the pace at which we are growing, considering the populations that we have, the entire world looks at India as the next rising superpower after China!! Because if you look at both our nation’s histories it’s very very similar!!
China was a poor country just like India and just like India China was facing the pain of being a socialist country!
But this is where in 1978, something crazy happened when China liberalised its economy!
Both our GDPs had a similar trajectory, but somehow after the 1980s, china witnessed a hockey stick growth and its GDP skyrocketed to go so far ahead that today, the Chinese economy is almost 5 times that of India! But as we all know, after being 13 years late, all thanks to Dr. Manmohan Singh, India got liberalized in 1991 just like China did in 1978!
And if you see the Chinese economy they witnessed a hockey stick growth exactly 30 years after liberalisation!
Which is from 2008 to 2023!
And now in 2021, we completed our 30 years since liberalisation! So now the world expects India to accelerate and become the second-largest economy in the world! This is the reason why FDI in India is flooding in, foreign investors are pouring in cash, and venture capital firms are burning billions of dollars just to bet on India!
So it’s great news right??
Well, not really guys! Because I have a report from the Blume ventures called the “Indus Valley Report”, which tells us that there 3 major challenges that we need to overcome if we want to become an economic superpower! And if we don’t overcome it! India will not become an economic superpower! I repeat – India will not become an economic superpower!
So the question is,
What does this Indus valley report tell us about India?
What are these 3 economic challenges?
And is the government of India really solving these challenges?
Our Best Indian Business Case Studies:
1. Asian paints – https://youtu.be/jGT6ob8hV6M
2. Amul – https://youtu.be/nnwqtZiYMxQ
3. Haldiram – https://youtu.be/Z7P-t_yc8gE
4. Lijjat Papad – https://youtu.be/EdpoEmifW7M
Think School’s flagship Communication course with an exclusive workshop on Chat GPT included:
