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Perspectives

It is India’s time on the global stage; Pakistan is nowhere near it

  • India has attracted major brands due to its policies and economic reforms, while Pakistan has battled to just avert default
Published April 28, 2023
An exterior view of the Nita Mukesh Ambani Cultural Centre. Photo: NMACC
An exterior view of the Nita Mukesh Ambani Cultural Centre. Photo: NMACC

Last year, Louis Vuitton Moët Hennessy (LVMH), the French conglomerate that specialises in luxury goods, made a monumental pivot towards South Asia. More specifically, towards what is now the world’s most populous nation.

It appointed Bollywood actor Deepika Padukone as ambassador to the most prized brand in its portfolio, Louis Vuitton, which not only expanded on their presence, but comes as a precursor to a deeper, long-term strategy to begin tapping into India’s nearly 120 billionaires and growing aspirational middle income group.

 Deepika Padukone pictured with Louis Vuitton’s ‘Dauphine’ handbag for the Spring 2022 campaign. Photo: Louis Vuitton
Deepika Padukone pictured with Louis Vuitton’s ‘Dauphine’ handbag for the Spring 2022 campaign. Photo: Louis Vuitton

Just last month, Parisian couture house Christian Dior staged its Fall 2023 collection in Mumbai, becoming the first fashion house to unveil its latest collection in India.

Dior’s holding company? Also LVMH.

Parent group LVMH’s shares rose as much as 1% to 838.7 euros ($913), touching a record high the following day.

The storied house quickly became part of a slew of luxury brands pivoting towards new markets in a hunt for their next billions, according to Bloomberg.

Dior, the second-biggest brand of billionaire Bernard Arnault’s French luxury behemoth LVMH, and the decision to add India to its seasonal schedule show the rising interest to tap India’s rising wealth.

 Louis Vuitton edited 40 pieces from their Spring/Summer 2010 and Fall/Winter 2010 collections using fabric from saris sourced in New Delhi, Bombay, Bangalore, Madras and other cities in India. Photo: Vogue India
Louis Vuitton edited 40 pieces from their Spring/Summer 2010 and Fall/Winter 2010 collections using fabric from saris sourced in New Delhi, Bombay, Bangalore, Madras and other cities in India. Photo: Vogue India

The country currently has 119 billionaires, according to Oxfam, and more than 800,000 dollar millionaires. Knight Frank data estimates that India will have 1.4 million millionaires by 2026 – 77% higher than in 2021.

The move also points to Dior’s ability to bring entry-level buyers into the LVMH realm — a rising group of aspirational luxury seekers, especially in the country of 1.4 billion people, through its cosmetics, perfumes and bag offerings.

“It’s a hugely untapped market with middle class on the rise and lots more and lots more, by the year, millionaires,” Deborah Aitken, senior analyst for luxury goods at Bloomberg Intelligence, was quoted as saying.

“It’s vibrant, it’s new design, new color, new technologies into the luxury space, which is hugely needed.”

And that’s just two brands.

How did this come about?

A number of factors, for starters, including serious and consistent reforms improved the investment climate, specifically since the opening of its economy in 1991. India today is a part of the top 100 club on Ease of Doing Business (EoDB).

Altered perceptions is another. India has embraced the propensity of the wealthy to spend, following decades of hiding away riches in a socialist country where spending and ostentatious living was frowned upon.

No doubt, infrastructure, policies and a general social and political environment conducive to growth and Foreign Direct Investment (FDI) have made all this possible.

Pakistani, in comparison, aside from needing economic reforms, also suffers from an identity crisis that is perpetuated through state institutions and a broken education system that are further deterrents.

LVMH’s trajectory

In 2017, LVMH posted revenues of INR1.78 billion in FY17 for India, with its profit up 50 percent to INR80 million. It doesn’t hurt to note that it was also encouraged by the Indian government’s Department of Industrial Policy and Promotion for foreign direct investment (FDI) proposals for single-brand retail.

Louis Vuitton’s FDI proposal was to allow the addition of more products which likely boosted its revenues over time.

 Jean Larivière for Louis Vuitton’s first ‘Spirit of Travel’ campaign. Photo: Pinterest
Jean Larivière for Louis Vuitton’s first ‘Spirit of Travel’ campaign. Photo: Pinterest

In 2022, Reuters reported that luxury German car manufacturer, Mercedes Benz, was also playing the long game in India.

India – largely a small and low-cost car market in which luxury models account for just over 1% of total annual sales of about 3 million – saw Mercedes selling a record number of high-end cars last year.

Knight Frank data for 2022 showed 53% of ultra-wealthy individuals splurged on both luxury watches and handbags, compared with an average 41% and 9% in 2020, respectively.

Also in motion was India’s start-up frenzy and stock market boom which created a new breed of wealthy spenders on luxury brands such as Rolex, Louis Vuitton and Gucci, according to the 2021 Hurun India Wealth Report, as reported by Reuters.

The number of Indian households with a net worth of at least a million dollars grew 11% in 2021 to 458,000 and is expected to increase by 30% over the next five years, the report concluded.

“The base is getting broader and gradually moving beyond our traditional customers,” Martin Schwenk, chief executive of Mercedes-Benz India, told Reuters in an interview in the western industrial city of Pune, home to Mercedes’ India headquarters and manufacturing plant.

Nannies on call, spas; India witnessing ‘mad rush’ for luxury housing

Last month, the world saw a spectacular opening of the Nita Mukesh Ambani Cultural Centre (NMACC) in Mumbai, a multidisciplinary cultural center, replete with a fashion exhibit curated by Vogue magazine’s global editor Hamish Bowles, which drew the global fashion fraternity across Paris, London, Milan and New York to take note and attend.

Ambani cultural centre: Gigi Hadid cherishes ‘unforgettable first trip to India’

Among others, the Ambani family, no stranger to luxury, has played a pivotal role in not only modernising India but also promoting it on the main stage.

Helmed by billionaire Mukesh Ambani, chairman and managing director of Reliance Industries Limited, coming in at number 12 on the Bloomberg Billionaires Index, his daughter Isha Ambani, leads the conglomerate’s retail business driving all retail, e-commerce and luxury plans.

Dubai is emerging as a favourite for the ultra-rich, and Ambani’s reported purchase cements this status

Incidentally, she is also involved in expanding Reliance’s presence in fashion through the company’s Ajio e-commerce app as well as Reliance’s partnerships with top international brands.

Reliance is also India’s biggest bricks-and-mortar retailer, with plans to expand into e-commerce to take on giants like Amazon.

Isha is no stranger to the rumoured $50,000-a-head seat at the coveted Metropolitan Museum of Art (MET) Gala held in New York each year under the aegis of Vogue doyen Anna Wintour. Taking cue, she flipped the script and helped drive a fashion exhibit titled, ‘India in Fashion: The Impact of Indian Dress and Textiles on the Fashionable Imagination,’ at the NMACC.

A first of its kind in the country, the exhibit showcased the works of pioneering Indian designers like Abu Jani Sandeep Khosla, Sabyasachi Mukherjee and Tarun Tahiliani, complemented by the works of global couturiers such as Christian Dior, Cristóbal Balenciaga, Elsa Schiaparelli, Gabrielle ‘Coco’ Chanel and Yves Saint Laurent.

If these and other brands currently don’t have a presence in India, they will soon. You can bet on it.

 Ensembles by Zandra Rhodes (left and center) and Jean Paul Gaultier (right) at ‘India in Fashion: The Impact of Indian Dress and Textiles on the Fashionable Imagination,’ at NMACC. Photo: NMACC
Ensembles by Zandra Rhodes (left and center) and Jean Paul Gaultier (right) at ‘India in Fashion: The Impact of Indian Dress and Textiles on the Fashionable Imagination,’ at NMACC. Photo: NMACC

India’s Reliance to acquire dozens of brands in $6.5bn consumer goods play

Last year, Indian retailer Aditya Birla Fashion and Retail Ltd entered into a partnership with French luxury retailer, Galeries Lafayette to open stores in the country over the next two to three years, according to reports.

Two flagship stores are currently in the works - one in Mumbai by 2024 and another in New Delhi the following year – which will debut over 200 luxury and designer brands along with an e-commerce platform.

The retail and fashion unit of Aditya Birla group and the rival unit owned by Mukesh Ambani have both been actively pursuant of premium brands the last few years as they compete for a stronger foothold in the luxury realm.

Reliance already owns the massive Jio World Plaza mall in Mumbai, housing LVMH’s Louis Vuitton, Tiffany and Dior along with Kering’s Gucci, Balenciaga and Bottega Veneta housed alongside Richemont’s Cartier and Hermes.

But none of this has happened overnight.

In 2014-2015, FDI inflows in India stood at $45.15 billion and have consistently increased since then. Total FDI inflow grew by 65.3%, from $266.21 billion in 2007-14 to $440.01 billion in 2014-21.

Total FDI inflows in the country over the last 22 years (April 2000 - March 2022) stood at $847 billion while total FDI inflows received in the last 8 years (April 2014- March 2022) was $523 billion – amounting to nearly 40% of total inflow in the last 22 years.

India’s foreign exchange reserves currently stand at $584.25 billion for the week ended April 21, 2023, the Reserve Bank of India’s (RBI) statistical supplement showed on Friday.

Also this week, it was reported that the broadcast venture of India’s Reliance has struck a deal with Warner Bros Discovery Inc. for its streaming platform JioCinema.

The deal between Reliance’s Viacom18 would see Warner Bros as well as its HBO content becoming available on Reliance’s JioCinema app, including popular shows such as ‘Succession’, ‘Game of Thrones’ and the upcoming ‘Harry Potter’ series.

The partnership will be exclusive, deepening Ambani’s media footprint with most of Warner’s marquee content on the JioCinema platform, eschewing rival platforms, Amazon Prime Video and Disney Hotstar.

 Apple CEO Tim Cook and Deirdre O’Brien, Apple’s senior vice president of Retail and People greet people at the inauguration of India’s first Apple retail store in Mumbai. Photo: Reuters
Apple CEO Tim Cook and Deirdre O’Brien, Apple’s senior vice president of Retail and People greet people at the inauguration of India’s first Apple retail store in Mumbai. Photo: Reuters

Apple craze draws long queues at opening of first India store

The stage, it seems, is all set.

The country, even with its record- breaking population statistics, is primed for years of high growth following decades of preparation by the government, the business community and foreign delegates eager to tap into ripe markets.

Pakistan, verily, should start taking notes – clearly because it hasn’t done so already – and perhaps, chart a new path, building on trade as well as strengthening the economy, but more importantly, consistent policymaking that results in benefits — even if they are seen a few years down the line.

Pakistan’s ‘short-termism’ needs to go.

The article does not necessarily reflect the opinion of Business Recorder or its owners

Faiza Virani

The writer is Life & Style Editor at Business Recorder

Comments

Comments are closed.

Rizwan Apr 28, 2023 09:44pm
Can poor majority of Indians afford it?
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SAMIR SARDANA Apr 28, 2023 10:15pm
"India has attracted major brands due to its policies and economic reforms, while Pakistan has battled to just avert default" WHAT DOES THAT MEAN ? US AND EU ARE NOT DOING WELL ! FOR GROWTH,THEY HAVE TO ENTER HINDOOSTHAN ! PRC IS SATURATED ! THAT BECOMES HEADLINE NEWS,FOR THE CHAIWALA POODLES AND MIDDLE CLASSES ! THAT IS CHAIWALA LAND AND THE BANDAR MEDIA, OF ZEE/ABP/INDIA TV/REPUBLIC TV ............ INDIA IS MORE THAN AMBANI AND BIRLA ! A NATION IS MORE THAN LVMH AND MERCS AND APPLE PHONES ! FOR 7-800 MILLION INDIANS - HINDOOSTHAN JS A HELL HOLE ! WITH NO EXIT ! PAKISTAN CANNOT ATTRACT THESE COMPANIES AS THE MARKET IS NOT THERE ! TO WRITE OFF A NATION BASED ON FDI IN HOTSTAR = DIS-ASS-TER ! JUST REWIND TO COVID ! THE SIZE OF CHAIWALA POP WAS THE DISASTER ! THERE ARE MANY MORE OVERDUE DISASTERS TO STRIKE THE WORLD - AND INDIA,THE WORST ! PAKISTAN HAS THE RIGHT DEMOGRAPHICS ! SAMIR SARDANA
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Kashif Ali Apr 28, 2023 10:42pm
Faiza, you should have also mentioned about their hunger and desire to acquire education, knowledge and sharing it by writing books on all topics of knowledge. No doubt, Indians are way ahead and that is all thanks to much needed reforms which were conceived and undertaken since 1991 by Manmohan Singh and endorsed and supported by all major political parties. Pakistanis are themselves to blame for their sorry state of affairs today.
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Tulukan Mairandi Apr 29, 2023 12:14am
If only our late quaid-e-azam (peace be upon him) Jinnah could read this.
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Az_Iz Apr 29, 2023 05:41am
A big market does have some advantages. But India has a lot of problems also. It is worse than Pakistan on world hunger index. Even Javed Akhtar grudgingly admitted that poverty is very visible in India but not so much in Pakistan.
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Tuluks Apr 29, 2023 05:53am
@Rizwan , atleast the poor majority there don't turn into suicide bombers travelling across the world
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Nathan Apr 29, 2023 09:07am
Indians do not have Shariiffs, Zardaris, Bajwas and a brigade of Mir Sadiqs and Mir Jafers!
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Joe Apr 29, 2023 09:09am
If you want to keep a country backwards just buy their leaders! Period! Compromised leadership can no time wreck a country!
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Joe Apr 29, 2023 09:11am
Our dudes too buys with real estate W& W activities; had no clue what hit them; they never prepared for economic warfare!
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Jawaid Apr 29, 2023 09:22am
During past five decades, India developed its intellectual capital via investment in education...in Pakistan...the compromised leaders...the corrupt ruling elite... kept masses illiterate and in economic bondage...hence the outcome for two countries is obvious!
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Yogesh (India) Apr 29, 2023 10:15am
Problem is not Indias growth but Pakistans inability to excel. Pakistan do not learn how to trade and make money .
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Muhammad Ali Apr 29, 2023 10:22am
Consistent policies in national interest & supremacy of law was the key to progress by India. Forget India now, just compare us with Senegal, Zimbabwe & Afghanistan etc. Out of 119 billionaires in India, none is a politician; in Pakistan, only politicians are billionaires. What a contrast !!!
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Gp65 Apr 29, 2023 11:21am
@Az_Iz, Yes poverty is visible because even the poor have access to wealthy areas, so poverty cannot be swept under the carpet. It does not mean that there are more poor people in India.
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Gp65 Apr 29, 2023 11:23am
@Rizwan , 1. Majority of any country including US cannot afford these luxury brands. No one pretends that majority of India can afford Mercedes or Louis Vuitton. 2. Majority of Indians are no longer poor.
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Pakistani Apr 29, 2023 11:45am
Pakistan is nowhere near anything except default, distress, and hopelessness
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Abdullah Apr 29, 2023 12:20pm
We as a nation have no value for education and as a result here we stand.Indians do value education and there country invests in it.We are still busy with ciphers of imran khan.
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Az_Iz Apr 30, 2023 07:19am
@Gp65 , the poor have access to wealthy areas. How lucky they must be.
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Az_Iz Apr 30, 2023 07:23am
India being a country with a large population has some benefits like a single market and economies of scale. Else it is comparable to the continent of Africa. They both have similar population, total GDP and per capita income, give or take some.
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Imran Kareem Apr 30, 2023 07:51am
in comparison, aside from needing economic reforms, also suffers from an identity crisis that is perpetuated through state institutions and a broken education system that are further deterrents.
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Imran Kareem Apr 30, 2023 07:52am
@Rizwan , read the article ! The Brand is tapping Rich only .
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Abdul Sheikh Apr 30, 2023 10:00am
Religiously, Pakistani believe in freebies.
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Bhavanasi Krishna Chaitanya Apr 30, 2023 10:21am
@Rizwan , majority rich indians will buy and create jobs to the minority poor. This is make poor people rich and will go in circles to create wealth.
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Bhavanasi Krishna Chaitanya Apr 30, 2023 10:24am
@Az_Iz, Africa gdp is around USD2.5Trillion but India is USD 3.5Trillion
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Fatima Apr 30, 2023 01:06pm
@Az_Iz, where does that put is then ? Somalia ?
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Az_Iz Apr 30, 2023 08:17pm
@Bhavanasi Krishna Chaitanya, Africa is $2.9 trillion , slightly behind India at $3.5 trillion . Population is also 1.4 billion for both.
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Az_Iz Apr 30, 2023 08:22pm
@Fatima, ahead of Egypt. Keep in mind Population is a multiplier. Does not make a country rich by itself.
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rao Apr 30, 2023 11:45pm
Why Comparing with India or China or USA? Compare yourself ....
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rao Apr 30, 2023 11:45pm
Though both the countries got independence at the same time, for a country with population is less than India any comparison is not good and not valid. As per 2021 stats, India's population: 431.11 people per square km, where as Pakistan's population 296.23 people per square km.
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rao Apr 30, 2023 11:46pm
It is more difficult to manage in India than in Pakistan. Like a Indian freedom fighter said "country is not just mud or rocks, its the people that makes the difference". Pakistan never had PM who ran the country for 5 or more years - this is where you need to compare (yourself). When public do not give opportunity to any political party, how can it progress? I noticed, Pak newspapers always project India is a bad country.. but why it do not find its own faults in Pak?? Comparison with India and throwing mud at it not a good thing as It causes eye sour but nothing else... If the newspapers wants to compare then compare with themselves with a yard stick - like did we reach this target or not. Trying to be nice, I am neither Pakistani nor Indian.
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KhanRA May 01, 2023 04:25am
The average Indian is much poorer than it seems because their wealth is incredibly unevenly distributed. Still, they broke the back of dynasty politics while we have regressed back into allowing politicians to take power who run the country for the benefit of their own families. India might ignore the poor, but they at least focus on good education for the . We don’t even have the capacity to do that since we have also twisted religion to support the authoritarianism of the Boots, Mullahs, and regressive Patriarchy. We cannot innovated when we are taught to obey and never to ask questions.
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KhanRA May 01, 2023 04:26am
@Nathan, yes they do. Dynasty politics and idiocy is found on both sides of the border
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KhanRA May 01, 2023 04:27am
@Muhammad Ali, India having billionaires while also starving masses is not really something to be proud of. And they are deeply entwined in politics.
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Balayjee May 01, 2023 06:35am
@rao, Unfortunately in "Democratic " India media is totally controlled by the government no sane voices are allowed...just look what they are doing to RG's son!
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Masood May 01, 2023 06:36am
@Nathan, Indeed, due to these culprits the country's youth have no future!
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SAMIR SARDANA May 01, 2023 06:37am
@rao, YOU ARE NOT AN INDIAN ! AN INDIAN SEER WHO WROTE THE ANTHEM WAS NAMED RABINDRANATH TAGORE AND HE SAID "If there be anything like rebirth, my Lord, the only plea I hold is that, spare me the curse of being born here in Bengal." HE MEANT INDIA /HINDU ! ANOTHER "FREEDOM FIGHTER" CALLED BHAGAT SINGH SAID "....well, you Hindus, you say all the present sufferers belong to the class of sinners of the previous births. Good. You say the present oppressors were saintly people in their previous births, hence they enjoy power" HINDOOS ARE DOOMED BY DEFINITION,PROVIDENCE AND HISTORY !
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SAMIR SARDANA May 01, 2023 06:39am
@Rizwan , THEY ARR FOOLS ! THEY LIKE TO WATCH ! AND ARE HAPPY TO WATCH THE RICHES OF THE BILLIONAIRES ! WHICH IS Y THET WERE ,ARE AND WILL ALWAYS BE A SLAVE RACE ! THE CURRENT CROP OF THE HINDOO BANIA HAVE LOOTED THE INDIAN MASSES MORE THAN ANY INVADER ! THE HINDOO DODOS ARE ON MORPHINE AND CANNABIS
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SAMIR SARDANA May 01, 2023 06:53am
@Az_Iz, JAVED AKHTAR HAS A KEEN EYE FOR DETAILED OBSERVATION ! INDIANS HAVE NO SHAME ! SO THEY BEG AND EXCRETE IN PUBLIC ! IT IS THE NATURAL WAY AS ALSO RECORDED IN BABARNAMA ! EVEN TODAY IN SEVERAL PARTS OF INDIA ,WHEN U TRAVEL BY TRAIN - U CAN SENSE THE ARRIVAL OF A KEY STATION BY THE SIGHT OF MEN EXCRETION ON RAIL TRACKS ,AND THEIR DUNG LYING AROUND,AND THE FRAGRANCE OF THE HEAVENS ! THEY BALANCE ON THEIR HAUNCHES ON THE RAILWAY TRACK IN A FEAT OF PERFECT OF GYROMETRY ! DOOM IS THE DESTINY OF CHAIWALA'S HINDOOSTHAN !
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SAMIR SARDANA May 01, 2023 07:08am
@Nathan, NEIN ! PAKISTAN HAS 1 OF EACH ! BUT HINDOOSTHAN HAS MILLIONS OF PANWARI BANIA GUPTA MEESHTAN BHANDARS, AGARWAL SWEETS CORNER AND JAIN BOOK SHOPS - WHO HAVE BUSTED THE ENTIRE INDIAN BANKING SYSTEM ! IT IS NOT THE FDI/FII AND FPI WHICH KEEPS INDIA AFLOAT ! IT IS THE 700 MILLION DALITS WHO LIKE FOOLS AND SHEEP,ARE BEING LED TO THE SLAIUGHTER HOUSE - WHO JKEEP CHAIWALA AFLOAT ! INDIA EXISTS SO LONG AS THE DALITS AND POOR FARMERS,ATE INNURED BY THE MORPHINE OF CHAIWALA,FED BY THE PANWARI BANIA MEDIA OF ZEE./ABP/INDIA TV.... THE INDIAN JUDICIARY EXISTS,TO KEEP THE BRAHMIN/BANIA IN POWER !
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SAMIR SARDANA May 01, 2023 07:11am
@Jawaid, INVESTMENT IN EDUCATION ! Worthless degrees are creating an unemployable generation in India https://economictimes.indiatimes.com/jobs/fresher/worthless-degrees-are-creating-an-unemployable-generation-in-india/articleshow/99570996.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst WHICH IS Y U WILL SEE INDIANS CLEANING TOILETS,ALL OVER THE WORLD ! EVER SEEN A PAKISTANI DOING THAT ?
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SAMIR SARDANA May 01, 2023 07:14am
@Muhammad Ali, IN INDIA EVERY PANWARI BANIA BILLIONAIRE HS BECOME A BILLIONAIRE ,DUE TO A NETA AND MANY BILLIONAIRES ARE FRONT MEN FOR NETAS
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SAMIR SARDANA May 01, 2023 07:27am
@Az_Iz, AFRICA HAS MUCH LESSER BILLIONAIRES SO THERE IS MORE EFFECTIVE PER CAPITA 1 ALSO AFRICA HAS NO BANIA SCUM
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Malik Khalfan May 01, 2023 09:49am
A very well researched and documented article.
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Owais May 01, 2023 10:25am
Our establishment has made this country in such a situation where we could compare ourself with Sudan Ethopia Aghanistan.... Very sorry state. India success lies with Democratic successive govt since independence.. militaries are on boarders and judiciary selected on merit. Their tax collecters are loyal with the country. Every state is powerful independent has full atonomy. Finally their business men are not thugs n tax evaders they invest whatever they earn in their home country. No duel nationality etc where they can enjoy and park wealth on other country.
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Pakistani May 01, 2023 10:33am
comments are as long as the article
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Sam May 01, 2023 11:07am
@SAMIR SARDANA, Indians have captured top slots in the USA, EU and Canada in industry and Academia! Wake up and admit reality!
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Sam May 01, 2023 11:09am
@KhanRA, They have abolished Wadera system...he princely states...the landlords!
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Sam May 01, 2023 11:10am
@SAMIR SARDANA, Wake up and realize the reality!
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Sam May 01, 2023 11:11am
@SAMIR SARDANA, Have some etiquette! Use lower case text!
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Sam May 01, 2023 11:12am
@SAMIR SARDANA, Wake up and smell the coffee!
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Sam May 01, 2023 11:13am
@Pakistani, It depicts the reality...the sad state of affairs!
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Sam May 01, 2023 11:13am
@Owais, The corrupt ruling elite has doomed the country!
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Alex May 01, 2023 11:47am
"It is India’s time on the global stage; Pakistan is nowhere near it" Because...in India the rulers obey the constitution...in Pakistan the corrupt ruling elite remain clueless about following the constitution! Total arrogance of ignorance!
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SAMIR SARDANA May 01, 2023 12:31pm
@Sam, Indians have captured top slots in the USA, EU and Canada in industry and Academia! Wake up and admit reality! THAT PROVES THAT THE WHITE MAN IS BRAIN DEAD ! ALL SERIOUS THINKERS AGREE THAT THE WHITE MAN IN USA IS A RACE TO EXTINCTION ! INDIANS TEACHING TOILET CLEANING IN HARVARD AND WHARTON ! THAT IS DOOM
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Alex May 01, 2023 01:54pm
@SAMIR SARDANA, That indicates your filthy mindset! Must be a shariff follower!
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Jonathan May 01, 2023 01:57pm
@SAMIR SARDANA, it show your intellectual bankruptcy...the outcome of country's academic institutions.
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Robin May 02, 2023 05:11pm
India is still in the back woods in terms of the rest of the not so well off right through to the Dalits. Corruption is rife throughout the Sib-Continent and they export it the mentality when working overseas. Victorian methods of working and general filth everywhere is not conducive to rapid development. The "velly cheep" attitude has to change for better quality.
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Pervez Bashir May 03, 2023 11:16am
what is the use of economic progress when majority of the population lives in poverty.
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Sumroo May 03, 2023 02:14pm
@Pervez Bashir, Look at economic data India's middle class is growing, in Pakistan its evaporating fast!
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Naseem May 04, 2023 07:47am
@Joe, Modern era requires use of brainpower to progress! Pakistan has no brainpower! All people with brains have left Pakistan. Corrupt to the core Low IQ and High Ego are occupying top leadership positions! Hence total chaos! No rule of law!
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Naseem May 04, 2023 07:49am
@SAMIR SARDANA, Looks like a sponsored comment...what the current rate...Rs 30k?
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George May 05, 2023 01:45pm
@Nathan, Moreover Indians are not egoistic!
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George May 05, 2023 01:46pm
@Naseem, Countries do not progress by files, plots, audios & videos and hits!
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Mohammed May 05, 2023 06:52pm
@Az_Iz, India being a large country is also much tougher to rise economically, in contrast Pakistan with a smaller population should be easier rise economically.
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