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Notes
If you measure India's economy by its actual local buying power, it’s worth well over $10 trillion.
It's a bit tricky to explain, but basically, India has a massive amount of wealth to fund its own development, even if that money doesn't hold the same weight in foreign exchange markets.
If you look at the map in image, it places India 3rd in the world for this kind of wealth.
This means India's potential for rapid development could absolutely be on par with China's.
But here is the catch: to develop at that massive rate, they have to use domestic Indian materials and labor.
Since the local currency goes so much further at home than it does abroad, building everything in-house is the key to unlocking that $10 trillion potential.
Keep hustling & Thanks for reading!
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