Our biggest export.

"With his government's flagship 'Make in India' initiative completing 10 years, Prime Minister Narendra Modi on Sunday (yesterday) said India has become a manufacturing powerhouse and it is because of the county's youth power that the 'whole world is looking up at us'." ET. "India has an ambitious target of exporting goods worth $1 trillion USD by 2030, said Anand Mohan Mishra, Joint Director General of Foreign Trade (DGFT) of Coimbatore, during a seminar." TNIE. "Chief Economic Advisor (CEA) to the govt V Ananatha Nageswaran...said the Indian Economy is expected to grow at a rate of 6.5-7% in the current financial year on a steady state basis. TOI. "India's forex reserves jumped by USD 2.838 billion to a new all-time high of USD 692.296 billion for the week ended September 20, the RBI said." Foreign currency assets increased by USD 2.057 billion to USD 605.686 billion. PTI. However, underneath the good news there is a lot of anxiety. "China's aggressive exports and predatory pricing have badly hit manufacturers and exporters in industries including pharma, electronics, paper, steel, solar equipment, chemicals, rubber products and plastics." "Despite the ultra-low prices of goods, India's imports from China rose 15.5% to $10.8 billion in August and exports declined 22% to $1 billion." DC. "India's merchandise exports are facing a serious slump, with no real prospect of a meaningful recovery in the medium term. Shipments shrank 3.1% in FY24, a rarity for an emerging economy like India." "The contraction in exports was 9.3% in August, the sharpest since July 2023, precipitating a 10-month high trade deficit of close to $30 billion in the month, and causing worries on the current account front to re-emerge." FE. "With a 7% economic growth, India is not creating enough jobs as reflected by the number of applicants for vacant posts in some states, Prof Raghuram Rajan said." "According to him, the industries that are more capital-intensive are growing faster, but labor-intensive industries are not growing." BS. "Agriculture had seen a sharp decline of workers since 2004 for the first time in India's post-independence history. This was because non-farm work grew sharply till 2012, at 7.5 million non-farm jobs per annum." "However, not only has agriculture's share gone up to 45% or higher over 2020-23, but 2023-24 has seen a further increase in workers in agriculture, to 46.1% of India's workforce," wrote Prof Santosh Mehrotra. Agricultural work is poorly paid. There has been a sharp increase of 12% in Indian students studying in France, according to Campus France. Apparently, job prospects are better after a degree from France. FPJ. The number of Indian students in Europe is rising "not just for the quality of education but also for the work-life balance and attractive salaries." "While traditional programs in Information Technology (IT) and Pharmaceuticals remain popular due to the excellent career prospects they offer, there has been a notable shift towards unconventional disciplines such as Fashion, Branding and Luxury." India Today. In short, anything to get out of India. And not come back. Indians are our biggest export.