India once positioned itself as the world’s next big investment hub, but the latest numbers are a rude awakening. In the first five months of 2025, India managed a meagre $0.4 billion in Net FDI, while Vietnam attracted a staggering $45.4 billion.
The contrast couldn’t be more humiliating. So what exactly went wrong? Let’s break it down:
1. Propaganda Over Policy
Instead of real economic reforms, the bjp has drowned the nation in hollow slogans like Make in India, Atmanirbhar Bharat, and Digital India. While vietnam quietly built strong supply chains and investor-friendly systems, india wasted time on event management and PR stunts.
2. Policy Uncertainty & Flip-Flops
Investors want stability. BJP’s track record is the opposite: sudden demonetization, chaotic GST rollout, arbitrary bans, and now reckless fuel and tax policies. Who wants to park billions in an economy where rules change overnight?
3. Eroding Institutional Trust
From RBI to SEBI, institutions have been bent to serve political interests. Global investors see through this erosion of independence and walk away, while vietnam builds credibility by sticking to transparent governance.
4. Focus on Crony Capitalism, Not Broad Growth
Instead of nurturing a healthy ecosystem of MSMEs and startups, the bjp has funneled opportunities to a handful of friendly billionaires. This suffocates competition, scares away foreign investors, and kills innovation.
5. Neglect of Jobs & Human Capital
vietnam is thriving because it has invested in skills, manufacturing, and jobs for its youth. india, under the bjp, is stuck with record unemployment, talent flight, and a frustrated workforce that scares global companies.
👉 The Result: While vietnam races ahead as Asia’s new manufacturing and FDI magnet, india is left with empty slogans, propaganda headlines, and a shrinking global reputation. The bjp government hasn’t just failed to attract investment—it has actively pushed india backwards.
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