‘By 2032, India will be among the three largest economies in the world’: Survey

[OhioChick]

12/6/2007 12:19:22 PM

Kelvin Koul & Farooq Ganai / Dec 03 (NAK): The latest survey of the South Asia conducted by USA based organization FOSAAC reveals that the Indian economy is surging ahead and carving a new niche for itself, which is unique in the world.

The economy, survey said, is on an auto pilot mode, with fast emerging business and investment opportunities due to growing linkages both backward and forward within the economy and also with the outside world.

Today, India's remote and hilly areas including Jammu and Kashmir have passable roads, sport utility vehicles (SUVs), cell phone service and hotels. All this speaks of momentum and progress. India offers abundant opportunities to get rich quick.

Jammu and Kashmir which has sufficient potential for tourist attraction because of its topography and rivers, if developed, could become worlds leading tourist resort as it has been earlier-pre nineties. Gulmarg, Sona Marg, Pahalgam, Patnitop and other like places in the state are more beautiful than Asia’s Famous Hill Station located in Pakistan known as Co-Mury.

The investors from Multinational National Companies are keen to invest here but the government is not serious in welcoming them, no doubt it (government) has been talking about the foreign investments in the Jammu and Kashmir which is full of natural minerals deposits.

http://naknews.co.in/newsdet.aspx?10976

[shenmue]

1. Thanks for taking our jobs, India!

Outsourcing. :puke:

:grr: Thanks for robbing the American worker so rich executives can shut offices here and put the differences in their pockets.

[OhioChick]

2. Thank

the greedy-ass CEO's of American companies.

[blondie58]

3. yeah- what Ohio Chick said

this is so very wrong- is nothing made or done in America anymore. Even McDonalds, upon my last visit there, I thought perhaps that I should order in Spanish....

[reprobate]

7. Lies, nothing but lies. We are the largest manufacturer in the world of things that kill people.

Now THAT'S something to be proud of, right?

[pberq]

6. why blame India?

As OhioChick says, it is the CEOs, along with their allies in Congress.

[TheCowsCameHome]

4. OhioChick, this is way off topic, but

were you able to give up smoking?

We chatted some time ago, if you remember.

[OhioChick]

13. Wow....

I'm surprised you remembered that conversation. :)
I have cut down to about a half-pack a day....which is great, for me.
Too much stress to completely stop right now. I'm hoping that life tames down over the holidays and I can eventually become smoke-free. Thanks for asking. :)

[TheCowsCameHome]

16. Good to hear from you again, OC and -

Good luck going totally smoke-free in the future, and I hope the upcoming holidays are safe and wonderful for you and your family.

[OhioChick]

18. Thank You...

Wishing You and Yours a Wonderful and Prosperous Holiday Season. :)

[TheCowsCameHome]

5. Maybe they'll be phoning us for tech support and outsourcing jobs to us.

Then we'll know they've made it big.

[Skittles]

9. I have to deal with India outsource folk every night at work

it makes me want to HANG myself

[OhioChick]

14. You and Me, Both.

So damned tired of fixing up what they screw up.

[Skittles]

15. OMG THEY SUCK!!!!!!!!!

besides their incompetence I have to also take the heat from the American skeleton crews that have to clean up their f***ing messes - AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[varun]

8. 18th century India and China

combined were 2/3 of world economy.

We are coming back to a full circle.

[tom_paine]

10. Not to worry, by 2032 economic expansion will be thought of quite differently

I think, by necessity and the fact that we will either be at population 9 billion or have some very serious die-offs, which by the sheer magnitude of the population numbers will have to be necessarily catastrophic to get from point A to point B.

It is possible of course, that like population catastophists in the 70s, that we have all overlooked some key element which will allow techincal civilization to proceed onward indefinitely...yes, I know it's probably fantasy, but we must continue to remind ourselves that's what Ehrlich, thought, too.

We will see and time will tell. I think the way things are going, some shit is going to hit some fan long before 2032.

Hell, the next Bushie False Flag might be scheduled for the spring (to facilitate a summertime nuking of Iran), for all we know.

[GOPBasher]

11. That's the thing I think of every time I see predictions like this.

People make predictions of economic activity 30 years from now, and I think, that's not going to happen; our population and economic growth is already in overshoot.

I certainly hope this Malthusian doom and gloom is wrong again, and Ehrlich was wrong in the late 60's. But I see so much evidence to the contrary.

[GliderGuider]

12. Today India has the fourth largest economy in the world. By 2050 they will be third largest.

Today the world ranking of the four largest economies is: USA, China, Japan, India. In 2050 it will be China, USA, India, Japan. No real changes, just a slight jockeying for position.

What will change is their per capita GDP. India's will fall from $3,700 per person today to $2,200 per person in 2050 because of their population increase. My analysis is based on the change in the global energy supply situation. The energy changes are analyzed at World Energy to 2050 and the analysis of the effects on national economies is at Energy Intensity and GDP: To Have or Have Not. It makes for very sobering reading.

[cornermouse]

17. India = Lousy service.

I don't buy service contracts because there's just no point if I have to deal with someone on a different continent who (most of the time) is reading from a book.