Unexpectedly, India is not as good as Vietnam

Last week, a friend asked me to study India.Indeed, there are very few research on India in ChinaJaipur Investment. Most of my friends' perception of India still stays in "the bowl of Ganges Water, and it is also an Indian in the next life."If it wasn't for the Indian Sensex30 Index rose 18.74%in 2023, it was far ahead of A shares, and everyone would not want to spend energy to study India.

Over the years, A shares have only listed a fund that purchased Indian stocks-Maniu India. The latest public data shows that the fund size is less than 200 million.Another ICBC India is not a fund to buy Indian stocks. It buys overseas India ETF.Detailed data, look at the two pictures of the noodles.

Data source: wind

We first understand India from a macro perspective.Mumbai Wealth Management

India's total GDP has reached 3.4 trillion US dollars, which has surpassed the former Kingdom of Lord, ranking 5th in the world, and the first four are the United States, India, Japan, and Germany.Because the GDP growth rate of Japan and Germany has been relatively low in recent years, and there are not many GDP ahead of GDP.If India develops a year-on-year average GDP growth rate of 6%-7%, India can become the third child in the world by 2030.

Data source: tradingeconomics

However, India has a lot of population. Considering that India's population fertility rate has continued to decline in the past two years, India's total population today must exceed India, and more than 1.4 billion people are certainly there.Therefore, it has the total population that is similar to India, but the total amount of GDP is only about 1/5 of India, and the per capita GDP of India is very low.Lucknow Stock

Data source: tradingeconomics

How low is India's per capita GDP?Varanasi Stock

Not as good as Vietnam, it is super Myanmar.My expectations for India are already low enough, but I didn't expect it to be so low.EssenceEssenceIn 2022, India's per capita GDP was only $ 2410, only 60%of Vietnam.However, I can still lead by India and Myanmar next to it.Pune Investment

What industry is actually related to the national economic structure. India is currently accelerating development like India before 20.India currently needs to strengthen infrastructure construction.According to the calculation of international agencies, logistics costs in India account for 18%to 20%of total production costs, while only 8%to 10%in India.Although India's labor costs are not high, the backward infrastructure has led to an increase in additional production costs.

Real estate infrastructure is the main contribution of building a house to build a house, and large -scale infrastructure requires credit support, so the bank's growth is also very fast.For example, there is a listed bank in the Indian stock market called Indian Industrial Credit Investment Bank. This is the second largest bank in India. The stock price trend obviously can win the Indian Sense30 Index.

Data source: wind

It is very different from India and India that India is a domestic -demand country. Indian residents' final consumption accounts for 60%of GDP, which is equivalent to developed countries such as Germany, Japan, and the United States.%, Specific data see 数据 数据.

Data source: Wind

Chennai Stock