How India managed an unexpected export turnaround

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After months of contraction, Indian exports have moved back to growth, and February in particular saw a very strong performance. What is driving this turnaround? Economist Radhika Pandey and Deputy Editor TCA Sharad Raghavan answer in #MacroSutra
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Опубликовано:

21 мар 2024

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Комментарии : 89

@nrusimha11 4 месяца назад

My subjective observation is that even people raised under a certain ideology are grudgingly beginning to admire the hard work of Narendra Modi administration. Bharat is a supertanker and turning it around is a mammoth task. At this critical juncture, anyone with children or planning to have children and care about their future, should consider if they want to put the steering back in the hands of the 'child' and his cauliflower farmer.

@kakun63 4 месяца назад

Dont worry we are going to vote my parents started voting after 15 years 370 was the breaking point for them

@Myanmartiger921 4 месяца назад

@@kakun63for or against

@kakun63 4 месяца назад

@@Myanmartiger921 well if u dont have intellect to interpret then i will not answer, i will give u hint my family vote for party who put nation first which party unites us , party which follows meitorcracy, party which fought against the brown stooges

@motei1853 4 месяца назад

bhai saab... The exports for year to date has declined for 2023-24 compared to 2022-2023. Its just our numbers are so dismal that one month of spike we speak hurray Here is the data YTD 2022-23 ... Merchandise exports 372 Billion YTD 2023 - 24 .. 353 Billion. That's the sorry state we are in

@nrusimha11 4 месяца назад

@@kakun63 I think the way you used 'breaking point' is not the usual sense it is used in. That might be causing confusion.

@archanakr2905 4 месяца назад

Good to see the move towards high value products! India is truly shining ✨ The GCC bit was quite surprising!

@biorig 4 месяца назад

Just 10 more years of BJP and we will be set. Hope the break India parties don't come back to steal the thunder from our growing Infrastructure (Thanks Gadkari), J&K settling down into peace after Art 370 abrogation (Thanks Amit Shah), foreign reserves at all time high and increasing GDP (thanks nirmala sitharaman), etc etc. This is truly a dream team. 5 Trillion Economy is now within reach and all are hopeful. One wrong step and we will be back to the days of 'Garibi Hatao' instead of 'Build wealth for all'.

@nv9991 4 месяца назад

I like this "data-based" conversational format & team, both.

@kalx999 4 месяца назад

Good to see there are people in Print who speaks on facts❤

@anishmohan7813 4 месяца назад

They always speak facts. Just that you accept it when they speak what you like.

@sendskk 4 месяца назад

Very informative program. Thanks Radhika for sharing your wisdom and Sharath for good anchoring!

@vishalgupta86 4 месяца назад

Siddhartha was surprised by the depth of growth and its factors. GCC is insourcing business services and snatching talent from major IT services companies, forcing them to get fresh talent from tier 2 and tier 3 cities, and intern people get better jobs. Those small companies hiring such talent will hire more fresh talent out of C or D-grade colleges. IT Services majors like Infosys and TCS must explore newer avenues outside existing product companies in the US, Europe, and other countries. All in all, this is good for India in terms of IT services and other business services.

@AP-do6sv 4 месяца назад

GCC is better than service providers as they offer higher pay, and the profits are not being pocketed by a few senior people who have made a killing at infy,tcs and wipro

@vishalgupta86 4 месяца назад

Global Captive Centers. Product Companies opening their own subsidiaries in India to deliver their business processes which may include, IT, Clerical, Legal and R&D, etc.,@@Myanmartiger921

@wisdomhighschool9975 4 месяца назад

@@AP-do6svIt's not only about Services, It's the Boom in Merchandise Exports that have crossed $ 41+ Billion USD in 29-Day Month February 2024

@chanakyabharat756 4 месяца назад

Now comes Rahul Bhakts, where are Jobs, how will this help brign down my car cost😂😂😂 5:34

@anishmohan7813 4 месяца назад

I think I can safety assume this government is doing good in terms of financial/infrastructure development. As a country if we can be more inclusive, the growth ll be even faster.

@_rohit97 4 месяца назад

If I credit the government ppl will still call me Andh Bhakt 😂

@user-xy8do2cw7l 4 месяца назад

Not people. Most are of an ilk that have come out of a s00vars pichwara OR "Hindus" who had their shops shuttered down after May 2014 or are paid "godis" of those s00varon pichwara originated filth

@prakharbansal6349 4 месяца назад

Very happy to see well researched and informative content that is optimistic about India while being grounded in facts and reality....jai hind!!☺

@2010anilshukla 4 месяца назад

Wonderful news for the country and the BJP, bad news for the Congress and the opposition. 👍

@nrusimha11 4 месяца назад

If anyone knows either-or-Raghuram-Rajan's contact, please share this video with him.

@prakashraghunathan2685 4 месяца назад

Thank you sharad sir and Radhikapandey madam for bringing Good presentation.

@udaykumar-oe1jw 4 месяца назад

Your video motivated me to start seeing print videos again

@sandeep_jagadeesh 4 месяца назад

Thanks for the wonderful video, very clear and informative to even a novice like me.

@ThePrintIndia 4 месяца назад

Dear Sandeep, Glad to hear you liked this video. Thank you for supporting us.

@HotelGoldenTree 4 месяца назад

Thank you Print for sharing positive data of economics. Raghu and team are tom toming with all negetive which affects us with apprehension. 😊

@payalk2898 2 месяца назад

Great info. Earlier it was majorly garments and jewels Petroleum export to Singapore has rise by 280% Weirdly, we also export hair. 😊 Now exporting weapons to Russia

@navdeepsugandhi6476 4 месяца назад

Good for us

@DJ-vg8by 4 месяца назад

SUPERB DATA, EASILY EXPLAINED. KUDOS TO BOTH.

@rajeshbobba3851 4 месяца назад

Bharat should decrease imports of API, agriculture produce, fertilizers, chemicals and Defence hardware to bring down the trade deficit.

@chanakyabharat756 4 месяца назад

I heard they are making strides in API in one of the episodes

@siddharthjain9211 4 месяца назад

Fertilizers import reduction is difficult... Key ingredient is natural gas which we don't have

@rajeshbobba3851 4 месяца назад

@@siddharthjain9211 import gas and make fertilizers, even Japan dosent have steel but they make cars for the world.

@06.vineethdsouza80 4 месяца назад

@@siddharthjain9211 crude oil and natural gas can be made from coal it's 1910s technology

@siddharthjain9211 4 месяца назад

@@06.vineethdsouza80 at a significantly higher cost which makes it cheaper to import

@lnsrivatchan4621 4 месяца назад

This is a good analysis of the current account balance. Would be good to know about the capital/financial account balance of India as well. Thank you for good journalism. Enjoy it.

@vinayaksharma8101 4 месяца назад

This is really excellent 🎉

@kbmehta4208 4 месяца назад

Good analysis

@nimaybolar 2 месяца назад

can someone please tell me what the TCA stands for

@soumyasarkar4100 4 месяца назад

Would be great to know what are 16B worth services which India is importing and from which countries ?

@mady5647 4 месяца назад

Imports still higher causing trade-deficit. Need to close output-gaps, create surpluses to become globally-competitive. Need to change mindset of under-delivering.

@HimanshuMahajan-zn3nq 4 месяца назад

Imports were already high..only exports are now rising since few years

@mady5647 4 месяца назад

@@HimanshuMahajan-zn3nqGood though we still need to be competitive to get trade-surplus.

@AbhishekSingh-yh7ce 4 месяца назад

Where can we find data of country wise service exports?

@eespn4764 4 месяца назад

Radical left Rajan raghu😢😢pain for growth

@Halz0holic 4 месяца назад

Media: High value added exports are growing at great pace Also Media: Make in India is just a chunavi jumla

@MrPoornakumar 4 месяца назад

One thing (not mentioned here, may be under the impression that it is not that important) is that every exported item, needs to comply to "standards" preferably with those of exported country.

@nitinpatel1039 4 месяца назад

Decreasing import also helped in CAD, also govt has to lift export ban on wheat and rice

@abhishekkaudare2733 4 месяца назад

GCCs pays good too 😊

@tarapadasarkar3108 4 месяца назад

$200b toy industry. India has to capture half of this industry and without chips, India can not compete with China. India will do very good after 2028.

@veerbhalu3454 4 месяца назад

0:07 Wait. Am I tripping or did beerbiceps just fart in a car full of people?

@sabysachikar4439 4 месяца назад

CAD will come down, INR will have better value.

@anilganjoo8401 4 месяца назад

Modi Hai Toa Mumkin Hai❤❤❤❤❤❤❤❤

@AndyKatana 4 месяца назад

Why Pakistan is 11th largest exporter? Didn't they ban all trades with India?

@vishalgupta86 4 месяца назад

They export Towels, Carpets, etc.; they are imported by entities still sympathetic to the Pakistani people.

@vinsin328 4 месяца назад

Yes except for medicines.

@motei1853 4 месяца назад

exports: 2021 ............ $ 678 B 2022 ........... $ 760 B 2023 ........... $ 765 B Exports account for 21% of GDP. The highest it reached is 25% of GDP in 2013

@user27455 4 месяца назад

That's because GDP growth slumped in 2013. 4 percent odd GDP growth with 13 percent inflation. Ohh those days of Italian rule

@motei1853 4 месяца назад

@@user27455 LOL!! it was 6.4% in 2013 and 7.4% in 2014. These are real GDP growth rates meaning after inflation is accounted in !! BTW under MMS 10 years GDP grew by 286%. Under modi its lagging at 172%.

@sjgghosh7677 4 месяца назад

@@motei1853 I used to think like that.. But u need to check global growth as well.. At those 2004-2014 era other developing countries like RUSSIA CHINA SOUTH AFRICA BRAZIL grew like 350% ... But the same countries now grew barely 100% in 2014-2023 (excluding china... China grew the same as India lower than earlier decades) And finally this number is nominal growth.. So higer inflation actually boosted the number for mms era

@HimanshuMahajan-zn3nq 4 месяца назад

Madarsa graduate?

@motei1853 4 месяца назад

@@sjgghosh7677 I almost find it childish that right wing Hindus need to be schooled even on basic data, facts !! Which world you live in ? It’s just sad

@MegaLeoben 4 месяца назад

Russian oil😅

@racistncrazy 4 месяца назад

atleast Russian oil is "bought" not "looted" like Iraqi oil after operation desert storm.

@MegaLeoben 4 месяца назад

@@racistncrazy yessir

@jaguargun4547 4 месяца назад

I hate we export most to USA. We should focus on Russia We should also nationalize banks and air India

@PradeepVasudev 4 месяца назад

😂

@anujsethi7845 4 месяца назад

Wow Vietnam have better exports than us.

@mg.f.9023 4 месяца назад

'In 2022, India - China bilateral trade had reached a record $135.98, while the trade deficit in favour of China had crossed a mammoth $100 billion.' - The Hindu, Feb 7, 2024

@navdeepsugandhi6476 4 месяца назад

Compulsory comment by mgf

@mg.f.9023 4 месяца назад

@@navdeepsugandhi6476 Believe BJP IT cell bhaktis would like to have a monopoly every where 😂

@Traderking1990 4 месяца назад

@@mg.f.9023Growing trade deficit can also mean a rising Indian economy ( purchasing power) and it can also mean Indian industry importing Chinese raw materials ( electronics conponents) for exports. It is not a bad deal unless the CCP misuses its leverage for its territorial ambitions.

@tarapadasarkar3108 4 месяца назад

Mostly electronics. India does not have chip manufacturing yet. There will be big competition between China and India after 2030.

@mg.f.9023 4 месяца назад

@@Traderking1990 Which is the Chinese goal all over its neighborhood..

@kakun63 4 месяца назад

Modi hai to mumkin hai