Swapnil Karkare Podcast: Economic Insights on India

Swapnil Karkare Podcast: Economic Insights on India

By Swapnil KarkareBusinessInvestingManagement
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Swapnil Karkare Podcast: Economic Insights on India episodes

  • Why Metal Prices Are SOARING While Vegetable Prices Are DROPPING | October 2025 Finance Wrap

    In this month’s episode, we look at how global and Indian markets performed in October 2025.

    - Korea, Japan, and Taiwan led global markets on optimism from a trade deal with the US.

    - Indian markets gained 5%, driven by Telecom, Realty, and Metals indices.

    - Q2 FY26 earnings show broad-based growth across Indian corporates.

    - Cobalt, Copper, and Lithium prices soared due to supply disruptions and rising demand.

    - Vegetable prices — especially onions — collapsed due to oversupply and export bans, impacting farmers.


    Don’t miss this crisp monthly analysis connecting markets, policy, and commodities in one concise wrap.

    🔔 Subscribe for more insights on India’s economy, markets, and global trends.


    #Commodities #FinanceNews #IndianEconomy #SwapnilKarkare #MarketUpdate #October2025 #Cobalt #Copper #Lithium #OnionPrices #Nifty #StockMarketIndia #EconomyUpdate #Farmers #Policy #Agriculture #Inflation #Trade #GlobalMarkets #Investing #Earnings #q2fy26


    Note: Data updated as on 28th and 29th October 2025.

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    00:15: Global Stock Market Snapshot

    00:30: Indian Stock Market Snapshot

    00:40: India Inc. Q2FY26 Earnings Results - Snapshot

    01:45: Why are Cobalt Prices Rising? What's happening in Congo?

    02:30: Why did Lithium Prices Rise in Oct?

    03:00: Copper Prices Rising Once Again

    03:56: Vegetable Prices Have Fallen Since Last Year in India

    04:26: Onion Prices Are Falling

    -----------------------------------------------------------------------------------

    📚 Sources and Further References:

    1. Value Research - https://www.valueresearchonline.com/indices/?geo=indian

    2. Trading Economics - https://tradingeconomics.com/bonds

    3. Dept of Consumers Affairs - Food Prices - https://fcainfoweb.nic.in/Reports/DB/DailySummary.aspx

    4. This Week in Earnings Newsletter - https://thisweekindata.indiadatahub.com/p/2q-earnings-banks-commodities-and?utm_source=post-email-title&publication_id=369429&post_id=177187662&utm_campaign=email-post-title&isFreemail=true&r=a3xz7&triedRedirect=true&utm_medium=email

    5. Congo Prices News, Bloomberg - https://www.bloomberg.com/news/articles/2025-10-13/congo-s-cobalt-export-shock-spurs-rally-and-doubts-over-supply

    6. Lithium Prices News, Bloomberg - https://www.bloomberg.com/news/articles/2025-10-29/lithium-prices-boosted-by-china-s-policy-drive-on-energy-storage

    7. Copper Prices News, Reuters - https://www.reuters.com/business/copper-hold-gains-2026-mine-disruptions-fuel-deficit-2025-10-27/

    8. Onion Smuggling Short, Swapnil Karkare, YouTube - https://youtube.com/shorts/KetnbdjHSgY?si=_FxRsv0Vz1C5Tnvw

    9. Onion Prices News, Mint - https://www.livemint.com/economy/onion-prices-india-onion-farmers-losses-onion-prices-crash-vegetable-inflation-11761634741957.html

    10. Onion Prices News, ET - https://economictimes.indiatimes.com/news/economy/agriculture/better-to-destroy-than-sell-onion-tears-flood-maharashtra-farmers-hopes-dashed/articleshow/124716095.cms?from=mdr

    -----------------------------------------------------------------------------------

    👉🏼 Follow Me on -

    LinkedIn - https://www.linkedin.com/in/swapkar

    Twitter - https://twitter.com/Swap_Kar

    Instagram - https://www.instagram.com/swap_kar/

    Blog - https://econgullyblog.wordpress.com/

    9 min
  • Inside India’s Legal Maze: Why Cases Drag on for Decades?

    Tarikh pe Tarikh... The iconic dialogue from Damini (1993) still echoes across Indian courts even 30 years later. Sadly, little has changed.


    In this episode, we will find the real reason behind 4.6 crore pending cases in Indian courts. Well, the real reason is not just the shortage of judges or money, it is something different!


    We will touch -

    ⚖️ How many cases are pending in India’s courts today

    📊 Surprising research that tracks real court cases across India

    ⏳ The hidden bottlenecks in India’s judicial system

    🏭 Implications on Ease of Doing Business and Economic Growth


    No hype. Just the real economics and the path forward.


    👉 Subscribe for more economics and finance insights.

    👍 Like, share, and comment your thoughts below!

    #courtcases #courts #courtroomdrama #supremecourtofindia #indianhighcourt #justicedelayedisjusticedenied #legalreform #indiancourts #pendingcases


    Note: The data pertains to July 2025.

    Correction: At 02:06, I said that India has 15 judges per million people. However, it is 21 judges per million people. Apologies for the error.

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    01:05: Data on pending court cases

    01:58: Reasons behind pending court cases (Popular)

    02:43: Real reason behind pending court cases

    05:19: Case reported in NYT

    06:20: Why is it important to understand the real cause?

    07:07: Implications on Ease of Doing Business and Economic Growth

    -----------------------------------------------------------------------------------

    📚 Sources & Further Reading

    National Judicial Data Grid - https://njdg.ecourts.gov.in/njdg_v3/

    Get them to court on time, The Leap Journal - https://blog.theleapjournal.org/2025/06/get-them-to-court-on-time-bumps-in-road.html#gsc.tab=0

    A Lifelong Nightmare, NYT - https://www.nytimes.com/2024/01/13/world/asia/india-judicial-backlog.html

    Justice Delayed Justice Denied: A District Wise Empirical Study on Indian Judiciary - https://www.nls.ac.in/wp-content/uploads/2021/08/Justice-delayed_empirical-study-1.pdf

    India Justice Report - https://indiajusticereport.org/files/IJR%204_Full%20Report_English_Low.pdf

    Improving court efficiency can boost economy, World Bank - https://blogs.worldbank.org/en/governance/improving-the-efficiency-of-courts-can-boost-a-country-s-economi

    -----------------------------------------------------------------------------------

    👉🏼 Follow Me on -

    LinkedIn - https://www.linkedin.com/in/swapkar

    Twitter - https://twitter.com/Swap_Kar

    Instagram - https://www.instagram.com/swap_kar/

    Blog - https://econgullyblog.wordpress.com/

    10 min
  • Inside India’s Legal Maze: Why Cases Drag on for Decades?

    Tarikh pe Tarikh... The iconic dialogue from Damini (1993) still echoes across Indian courts even 30 years later. Sadly, little has changed.


    In this episode, we will find the real reason behind 4.6 crore pending cases in Indian courts. Well, the real reason is not just the shortage of judges or money, it is something different!


    We will touch -

    ⚖️ How many cases are pending in India’s courts today

    📊 Surprising research that tracks real court cases across India

    ⏳ The hidden bottlenecks in India’s judicial system

    🏭 Implications on Ease of Doing Business and Economic Growth


    No hype. Just the real economics and the path forward.


    👉 Subscribe for more economics and finance insights.

    👍 Like, share, and comment your thoughts below!

    #courtcases #courts #courtroomdrama #supremecourtofindia #indianhighcourt #justicedelayedisjusticedenied #legalreform #indiancourts #pendingcases


    Note: The data pertains to July 2025.

    Correction: At 02:06, I said that India has 15 judges per million people. However, it is 21 judges per million people. Apologies for the error.

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    01:05: Data on pending court cases

    01:58: Reasons behind pending court cases (Popular)

    02:43: Real reason behind pending court cases

    05:19: Case reported in NYT

    06:20: Why is it important to understand the real cause?

    07:07: Implications on Ease of Doing Business and Economic Growth

    -----------------------------------------------------------------------------------

    📚 Sources & Further Reading

    National Judicial Data Grid - https://njdg.ecourts.gov.in/njdg_v3/

    Get them to court on time, The Leap Journal - https://blog.theleapjournal.org/2025/06/get-them-to-court-on-time-bumps-in-road.html#gsc.tab=0

    A Lifelong Nightmare, NYT - https://www.nytimes.com/2024/01/13/world/asia/india-judicial-backlog.html

    Justice Delayed Justice Denied: A District Wise Empirical Study on Indian Judiciary - https://www.nls.ac.in/wp-content/uploads/2021/08/Justice-delayed_empirical-study-1.pdf

    India Justice Report - https://indiajusticereport.org/files/IJR%204_Full%20Report_English_Low.pdf

    Improving court efficiency can boost economy, World Bank - https://blogs.worldbank.org/en/governance/improving-the-efficiency-of-courts-can-boost-a-country-s-economi

    -----------------------------------------------------------------------------------

    👉🏼 Follow Me on -

    LinkedIn - https://www.linkedin.com/in/swapkar

    Twitter - https://twitter.com/Swap_Kar

    Instagram - https://www.instagram.com/swap_kar/

    Blog - https://econgullyblog.wordpress.com/

    10 min
  • Why Are Gold, Silver, Platinum and Copper Prices Rising? September 2025 Market Wrap

    In the September 2025 monthly finance wrap, we discussed various markets, issues and updates such as -


    - Indian markets stayed flat while Southeast Asian markets soared.

    - IT stocks fell due to H1B Visa fee hike and Durables and FMCG stocks too declined despite GST rate cuts

    - Global metals prices are rising, pushing stock prices of metal companies too


    Don't miss this rich mix of markets, policy, and geopolitics in one tight wrap.

    🔔 Subscribe for more insights on India’s economy, policy, markets & global linkages.


    #Markets #IndiaEconomy #Tariffs #metals #ITsector #Trump #September2025 #GlobalEconomy #stockprices #Commodities #StockMarket #Consumer #Copper #Gold #Silver #Platinum #economics #goldprices #silverprices #investing #GST #h1bvisa #grasberg #indonesia #mining

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    00:10: Market snapshot

    01:10: Impact of GST rate cuts will be low

    02:49: Indian metal stocks and global stock markets

    04:07: Metals in September 2025

    06:47: Impact of H1B Visa Fee Hike on US and Indian Economies

    -----------------------------------------------------------------------------------

    📚 Sources and Further References:

    1. Value Research - https://www.valueresearchonline.com/indices/?geo=indian

    2. Trading Economics - https://tradingeconomics.com/bonds

    3. Why Gold and Silver Prices Surged: What Happens Next? - CPM Group - https://www.youtube.com/watch?v=e9RC_qIEIME

    4. GST 2.0, Axis MF - https://www.axismf.com/cms/sites/default/files/pdf-factsheets/GST%202.0%20-%20a%20strategic%20reset%20to%20India%27s%20consumption.pdf

    5. The new H1B fee: Who will it hurt the most?, Trendlyne - https://trendlyne.com/posts/5329587/the-new-h1b-fee-who-will-it-hurt-the-most

    -----------------------------------------------------------------------------------

    👉🏼 Follow Me on -

    LinkedIn - https://www.linkedin.com/in/swapkar

    Twitter - https://twitter.com/Swap_Kar

    Instagram - https://www.instagram.com/swap_kar/

    Blog - https://econgullyblog.wordpress.com/

    17 min
  • Why Are Indian Cities So Messy? India's Urban Chaos Explained

    India’s cities are choking. More cars, fewer buses, and killer trains define urban life. Why does public transport fail while private vehicles thrive?


    In this episode, we unpack the politics, policy biases, and regulatory nightmares behind India’s transportation crisis. From Mumbai’s tragic train deaths to the government blocking private bus innovation — this episode exposes the real reasons, and asks: Who are our cities built for?


    India’s urban transport is jinxed: private cars get incentives, glamour, and political support, but buses and trains are underfunded, overcrowded, and unsafe. What would it take to make commuting in India safe, comfortable, and aspirational for all?


    No hype. Just the real economics and the path forward.


    👉 Subscribe for more economics and finance insights.

    👍 Like, share, and comment your thoughts below!

    #publictransport #urbantransport #indiancities #automobile #cars #investing #stockmarket #indianrailways #flight #cars #tesla #eknathshinde #mumbaitrains #localtrain #mumbainews #citybus #bustransport #ministryofroadtransportandhighways #nitingadkari #modi #indiangovernment #uber #ola #rapido #cityflo #mumbailocal

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps



    -----------------------------------------------------------------------------------

    📚 Sources & Further Reading

    Refer YouTube Description - https://youtu.be/okvMGFKSGSM

    -----------------------------------------------------------------------------------

    👉🏼 Follow Me on -

    LinkedIn - https://www.linkedin.com/in/swapkar

    Twitter - https://twitter.com/Swap_Kar

    Instagram - https://www.instagram.com/swap_kar/

    Blog - https://econgullyblog.wordpress.com/

    22 min
  • India-US Trade Talks Collapsed Over Farmers — Here’s Why

    In this episode of the Swapnil Karkare Podcast – Economic Insights on India, we delve into why agriculture holds vastly different meanings for India and the US, and how this fundamental disparity has hindered crucial trade talks.


    India’s half a billion farmers depend on agriculture for their survival, while America's farmers, though few in number, are highly efficient and economically powerful. We break down the massive disparities in farm sizes, subsidies, workforce participation, and political stakes behind the scenes.


    Discover the 8 key reasons India resists agricultural trade compromises, the impact of US farm subsidies and dumping, and how Trump’s farming voter base shapes American trade policy. Plus, the implications this has on future trade deals and global agriculture.


    No hype. Just the real economics and the path forward.


    👉 Subscribe for more economics and finance insights.

    👍 Like, share, and comment your thoughts below!


    #tradewars #agriculture #modi #trump #internationaltrade #trumptariffs #indiausrelations #politicaleconomy

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    00:46: Fundamental differences between India and US agriculture

    02:49: Top 8 Reasons why India does not want to compromise its farmers

    08:15: What is dumping? How does it impact Indian as well as US farmers?

    10:15: How are US agricultural systems designed for overproduction?

    12:00: Top Reasons why Trump wants to push the agriculture sector in every trade deal

    17:17: Passing thoughts

    -----------------------------------------------------------------------------------

    📚 Sources & Further Reading

    Indian farmers' land holdings Parliament Q&A - https://tinyurl.com/c23xrdnk

    USA farmers' land holdings, NASS USDA - https://tinyurl.com/55sekt4e

    Agriculture Post Covid Migration - https://tinyurl.com/4msp64sx

    Counting Cost of Agriculture Dumping - https://tinyurl.com/y3t87389

    Effects of Subsidies - https://tinyurl.com/mrsjmktd

    Trump's farmers voterbase - https://tinyurl.com/5d2t8tsj

    US Agri Trade Deficit - https://tinyurl.com/br7hbndf

    Make Agriculture Great Again, EconGully by Swapnil Karkare - https://tinyurl.com/mpbyx6wa

    India's Agricultural Reforms, EconGully by Swapnil Karkare - https://tinyurl.com/5n7r6t8n

    -----------------------------------------------------------------------------------

    👉🏼 Follow Me on -

    LinkedIn - https://www.linkedin.com/in/swapkar

    Twitter - https://twitter.com/Swap_Kar

    Instagram - https://www.instagram.com/swap_kar/

    Blog - https://econgullyblog.wordpress.com/

    23 min
  • From Rajasthan Farms to US Oil Rigs – The Untold Guar Gum Economy

    Can India use guar gum against US like China uses rare earths to pressure the US? Sounds powerful… but the truth is far more complicated.


    In this episode, we break it all down:

    - How guar gum went from a humble bean to a $4 billion export

    - Why the US shale industry made Rajasthan farmers rich

    - How fracking economics, synthetic gels, and cheap competition changed everything

    - Why India can’t pull a “China Rare Earth” move with guar gum anymore

    - The hidden business opportunities in guar – from food, pharma & cosmetics to the future of guar protein


    No hype. Just the real economics and the path forward.


    #GuarGum #TradeWar #Economics #IndiaUS #ShaleGas #Agriculture #BusinessIdeas #guarprotein #gavar #gavarbhaji #guar #geopolitics #rajasthan #rajasthaneconomy #guarmeal #trump #trumptariffs #trade #tradewar #imports #startups #farmers #makeagriculturegreatagain

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    01:55 - Why US needs Indian gavar?

    02:06 - What is shale gas?

    03:14 - Use of guar gum in shale gas

    Guar's value chain:

    04:16 - Gavar production

    05:18 - Processing - Guar splits

    06:17 - Guar gum

    06:56 - Guar meal - a byproduct

    07:56 - Finished products

    09:01 - The science behind guar gum

    10:35 - History of guar commodity

    11:47 - India's guar gum exports and economics of guar gum

    15:37 - India cannot play rare-earth strategy against US like China

    17:57 - Guar Protein, a new thing that can go viral soon - a business idea

    -----------------------------------------------------------------------------------

    Sources & Further Reading:

    Reading room's post on Instagram - https://www.instagram.com/p/DM9c26ig2QS/?hl=en&img_index=1

    DATA:

    Guar Gum Prices, Trading View - https://in.tradingview.com/chart/BsS4p0wm/?symbol=NCDEX%3AGUARGUM51%21

    Agri Exchange - India Export Data - https://agriexchange.apeda.gov.in/India/GenerateAPEDAProductReport/Index

    EIA - US Data on Oil & Natural Gas - https://www.eia.gov/naturalgas/data.php

    Oil Rig Data - https://tinyurl.com/4jfxvrku

    INFORMATION:

    Guar, Wikipedia - https://en.wikipedia.org/wiki/Guar

    Guar gum, Wikipedia - https://en.wikipedia.org/wiki/Guar_gum

    Introduction to guar gum, Clara - https://www.nexira.com/introduction-to-guar-gum/

    Uses of Guar Gum, Justin Dobbs - https://www.guarresources.com/uses-of-guar-gum/

    Guar Gum Export Demand - https://tinyurl.com/57hkp2ek

    History of Guar Gum - https://tinyurl.com/285s7e9c

    Guar Gum Exports Halves, ET - https://tinyurl.com/3zkrjdne

    Mixing Guar Gum, Silverson Machines (YouTube) - A clip from this video was used in my video - https://www.youtube.com/watch?v=ZuUQmppezLI

    How US Shale Gas Brought Wealth in Rajasthan, Quartz - https://tinyurl.com/msysxth6

    Halliburton's Decision to Idle Fracking, Bloomberg - https://tinyurl.com/mump4dkt

    New Rigs Haven't Showed - https://insideclimatenews.org/news/29072025/trump-drilling-boom-promise-stagnant/

    Guar Protein - https://agfundernews.com/guar-protein-new-cleaner-tasting-kid-on-the-plant-based-block

    -----------------------------------------------------------------------------------

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    LinkedIn - https://www.linkedin.com/in/swapkar

    Twitter - https://twitter.com/Swap_Kar

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    Blog - https://econgullyblog.wordpress.com/

    22 min
  • Zerodha vs 360 ONE: Which Multi-Asset Fund Wins? Best Multi-Asset Mutual Funds in 2025

    360 ONE or Zerodha? Choosing the Right Multi-Asset Fund for You

    -----

    DISCLAIMER -

    THIS IS NOT A SPONSORED VIDEO. THIS IS NOT INVESTMENT ADVICE. THIS IS PURE ANALYTICAL AND ACADEMIC EXERCISE. DO NOT TAKE ANY INVESTMENT DECISION SOLELY BASED ON THIS VIDEO. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING. I AM NOT A SEBI REGISTERED OR AMFI REGISTERED ADVISOR OR RESEARCH ANALYST. KINDLY DO YOUR OWN RESEARCH BEFORE TAKING ANY ACTION. PAST PERFORMANCE DOES NOT INDICATE FUTURE RETURNS. DO READ ALL THE INVESTMENT-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING. EVERY PERSON HAS THEIR OWN SET OF RISK APETITE. PLEASE CONSIDER THEM BEFORE INVESTING. PLEASE UNDERSTAND THE RISKS OF ALL THE INVESTMENT INSTRUMENTS AND THEN ONLY INVEST.

    -----


    Thinking of investing in Zerodha or 360 ONE's new multi-asset fund?

    In this video, I break down how to choose the right multi-asset mutual fund using two simple filters — equity exposure and true diversification.


    Out of 32 funds, I have shortlisted top 5 funds.

    Get the full analysis of:

    ✔️ Top funds with gold and silver exposure

    ✔️ Funds investing in REITs/INVITs

    ✔️ Overseas equity exposure, and

    ✔️ Why 360 ONE might be a better bet than Zerodha


    🔔 Subscribe for more deep dives into Indian markets, mutual funds, and policy trends.

    #multiassetmutualfund #investing #stockmarket #mutualfunds #diversification #personalfinance #zerodha #360one #dspmutualfund #sbimutualfund #mahindramanulife #wocmutualfunds #quantmutualfund #quantummutualfund #bankofindiamutualfund #invesco #motilaloswal #samco #mutualfundsindia #mutualfundsahihai #commodities #gold #silver #reit #globalinvesting

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    00:43: Benefits of Multi-Asset Mutual Funds

    01:15: Two-Filter Criteria

    02:27: Three Flavours of Diversification

    04:16: Conclusion - Top 5 Multi-Asset MFs

    -----------------------------------------------------------------------------------

    Sources:

    1. Rupeevest - MF Screener - https://www.rupeevest.com/

    2. Best Multi Asset Mutual Funds 2024, Swapnil Karkare - https://www.youtube.com/watch?v=BzN-eBVQ41o

    -----------------------------------------------------------------------------------

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    Blog - https://econgullyblog.wordpress.com/

    9 min
  • How Trump & China Shake the Market? July 2025 Finance Wrap

    In the July 2025 monthly finance wrap, we discussed various markets, issues and updates such as -


    🌏 Global Highlights:

    - Trump signs new trade deals with Indonesia, Japan & EU, no deal with India, but extension to China & Mexico

    - US markets cheer earnings season: 90% beat expectations

    - Southeast Asian stock markets surge

    - Tariff volatility drops, but some markets like Pakistan and the UK fall


    🇮🇳 India Update:

    - Weak Q1 earnings expected: CRISIL projects 4–6% growth

    - TCS lays off 2% workforce, citing skill mismatch

    - IT, Real Estate & Telecom drag markets down

    - 25% US tariff hits India last minute, but market rebounds quickly


    📈 Bonds & Banks:

    - RBI’s 100 bps cut leads to lower 2Y yields

    - Transmission working, but credit growth cooling off

    - Festive season could revive credit demand


    🛢️ Commodities Watch:

    - Crude oil surges: EU sanctions, Iraq drone strikes, China stockpiling

    - Lithium jumps after China crackdown on illegal mining

    - Iron ore rises on China’s massive Brahmaputra hydropower project


    Don't miss this rich mix of markets, policy, and geopolitics in one tight wrap.

    🔔 Subscribe for more insights on India’s economy, policy, markets & global linkages.


    #Markets #IndiaEconomy #Tariffs #CrudeOil #TCSLayoffs #Trump #July2025 #GlobalEconomy #BondYields #Commodities #StockMarket #ITSector #Lithium #IronOre #Hydropower #Brahmaputra #economics #stockmarkets #finance #investing #tradepolicy #trumptariffs

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    00:09 - Global Stock Markets - Trade deals, and earnings season

    01:44 - Indian Stock Markets - Earnings season, IT sector, and India-US Trade Deal

    06:06 - Bonds and Banking - India GSec Yields, Monetary Transmission & Bank Credit Growth

    08:40 - Commodities - Oil Prices - EU Sanctions, Shadow Fleet & Chinese Demand

    12:53 - Commodities - Lithium Prices - Chinese Ban

    13:17 - Commodities - Iron Ore - Chinese Policy Stimulus - Brahmaputra Dam Project in China

    -----------------------------------------------------------------------------------

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    Blog - https://econgullyblog.wordpress.com/

    18 min
  • Make in India with a Game-Changing Korean Secret | Import Tech & Machinery

    Everyone loves Hyundai. But do you know why Hyundai succeeded while Malaysia’s Proton fell behind?


    In this video, I unpack the Hyundai vs Proton story — and what it reveals about trade, industrial policy, and why imports aren’t always a bad thing.


    South Korea became an export powerhouse by importing capital goods — advanced machines, tools, and technologies that helped it build globally competitive industries. Hyundai wasn’t just protected — it was pushed to compete and win in the global market.


    Meanwhile, countries like India followed the path of import substitution — trying to make everything at home and shielding domestic industries from competition. It may sound like self-reliance, but in practice, it held us back.


    If Make in India is to truly succeed, we must stop seeing all imports as a weakness. Especially when it comes to capital goods — the very tools that power our growth.


    I also dig into India’s industrial policy history, the role of business and politics, and how other countries — from Vietnam to China — used capital goods imports as a launchpad for industrialisation.


    #MakeInIndia #indiaeconomy #IndustrialPolicy #ImportSubstitution #CapitalGoods #IndianManufacturing #HyundaiVsProton #SouthKorea #GlobalTrade #TradePolicy #EconomicDevelopment #EconomicsExplained #EconomicPolicy #Protectionism #SelfReliance #AatmanirbharBharat #EconomicGrowth #Hyundai #Proton #Tariffs #India #Research #R&D #BombayPlan #Modi #Nehru #Trump #politicaleconomy

    -----------------------------------------------------------------------------------

    ⏱️ Time Stamps

    00:31 - Global Markets Snapshot

    03:33 - US Data Trust Issues

    05:22 - Ola, Uber, Rapido in Crisis in India

    09:30 - Nagpur To Begin Parallel Distribution in Electricity

    -----------------------------------------------------------------------------------

    Sources & Further Reading:

    1. Bombay Plan, Wikipedia - https://en.wikipedia.org/wiki/Bombay_Plan

    2. Import substitution industrialisation, Wikipedia - https://en.wikipedia.org/wiki/Import_substitution_industrialization

    3. The false promise of import substitution industrialisation in India, Arvind Panagariya, East Asia Forum - https://eastasiaforum.org/2023/12/06/the-false-promise-of-import-substitution-industrialisation-in-india-2/

    4. Hyundai Story, Hyundai - https://www.hyundai.com/worldwide/en/newsroom/detail/driven-to-distinction-the-modern-miracle-of-south-korea-0000000310

    5. Proton vs. Hyundai, samcheekong blog - https://samcheekong.blogspot.com/2013/05/a-tale-of-two-cars-proton-and-hyundai.html

    6. WITS - Data on Exports and Imports - https://wits.worldbank.org/

    -----------------------------------------------------------------------------------

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    19 min

About Swapnil Karkare Podcast: Economic Insights on India

From the publisher's feed

Welcome to the Swapnil Karkare Podcast, your go-to source for in-depth insights on economics and finance. Hosted by Swapnil Karkare — a Chartered Accountant, Economist, Researcher, and Podcaster — this podcast delivers fresh perspectives on India's state economies, key sectors, economic policies, and emerging trends shaping the nation’s financial future.