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๐“๐ก๐ž ๐ซ๐จ๐š๐ ๐ญ๐จ ๐•๐ข๐ค๐ฌ๐ข๐ญ ๐๐ก๐š๐ซ๐š๐ญ ๐Ÿ‡ฎ๐Ÿ‡ณ ๐ ๐จ๐ž๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐ž๐ฑ๐ฉ๐จ๐ซ๐ญ๐ฌ! In 2008, India and Vietnam were at almost the same GDP per capita (approximately $1,000). In 2023, Vietnam, at $4,400, was closing in on double our per capita GDP of ~$2,400. The difference? Foundation For Economic Development COO Vinay Ramesh and Team Lead Ronak Pol on why India must take manufacturing cue from Vietnam.
As an exporter, India is especially unique. Almost in every sector, there's a globally competitive Indian firm exporting to the world. The problem is, we don't do it at scale. How do we get our export engine firing on all cylinders? Rahul Ahluwalia, Director at Foundation For Economic Development, discusses with The Secretariat. Watch the full clip.
Should "weak global demand" make us adjust our expectations about India's GDP growth. Foundation For Economic Development Director Rahul Ahluwalia points out that India's share of world merchandise exports is just 1.8%. Hence, the question shouldn't be about global demand, but about how India can expand its share of global exports. Watch the full clip.