Paan Singh
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Useless India always aiming so low ,it is poitnless to compare yourself with China, World fastest growing economy super power india should be compared with USA.![]()
plz do have a sense


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Useless India always aiming so low ,it is poitnless to compare yourself with China, World fastest growing economy super power india should be compared with USA.![]()


Useless India always aiming so low ,it is poitnless to compare yourself with China, World fastest growing economy super power india should be compared with USA.![]()
Useless India always aiming so low ,it is poitnless to compare yourself with China, World fastest growing economy super power india should be compared with USA.![]()
Useless India always aiming so low ,it is poitnless to compare yourself with China, World fastest growing economy super power india should be compared with USA.![]()

Chinese advantages
1.Balanced industry across all sectors
2.Public investment
3.Better manufacturing base
4.Effective state machinery
5.Better human development indicators
6.Better land reforms
7.Disciplined workforce
8.Superior infrastructure
Indias advantages
1.Private sector
2.Financial intermediaries
3.Young demographics
4.Entrepreneurship and Innovation
5.Better service sector
6.English as a medium of education
If India has to overtake China then it has bank and take advantage of its Private sector and Young demographics, otherwise China will keep it's position
There is much self-congratulation in India over how well the country survived the financial crisis, how it is rivaling China in economic growth, and how vibrant domestic demand has sustained it while other nations battle over exports.
Shashi Ruia, chairman of Essar Group, the oil-to-outsourcing conglomerate, is rarely seen on the public stage. But he delivered a refreshing balloon pop to, well, basically all of the above when he stood before the Hindustan Times Leadership Summit in New Delhi Friday.
India will only become a truly global countryand reap the rewards of globalizationwhen it is able to sell its own goods in the world marketplace, as opposed to just buying up companies worldwide.
It is not enough to produce and sell in India, he said, because the Indian market alone wont be enough to sustain Indias growth; we need to reach out to other markets.
He noted that China is now the dominant foreign player in the U.S., the Nafta trade region, Australia and Japanplaces east of its eastern border.
Indias opportunity to mimic that lies in the Middle East, Africa, Europe and Russia where India has to go to occupy its rightful place, Mr. Ruia said.
But to get there, Indian entrepreneurship wont be enoughthe nation needs to become a leader in manufacturing and infrastructure, two areas where it can learn from China.
He then rattled off a series of annualized comparisons that should be essential reading for anyone who believes India and China belong in the same class of emerging economies. Here they are:
India makes 65 million tons of steel, China makes 650 million.
China makes 11 million cars a year. India makes two million.
India-U.S. trade totals $50 billion. China-U.S. trade totals $450 billion.
Unspoken was the suggestion that China has all theseand, for now, is leaving India in the dust.

There is much self-congratulation in India over how well the country survived the financial crisis, how it is rivaling China in economic growth, and how vibrant domestic demand has sustained it while other nations battle over exports.
Shashi Ruia, chairman of Essar Group, the oil-to-outsourcing conglomerate, is rarely seen on the public stage. But he delivered a refreshing balloon pop to, well, basically all of the above when he stood before the Hindustan Times Leadership Summit in New Delhi Friday.
India will only become a truly global countryand reap the rewards of globalizationwhen it is able to sell its own goods in the world marketplace, as opposed to just buying up companies worldwide.
It is not enough to produce and sell in India, he said, because the Indian market alone wont be enough to sustain Indias growth; we need to reach out to other markets.
He noted that China is now the dominant foreign player in the U.S., the Nafta trade region, Australia and Japanplaces east of its eastern border.
Indias opportunity to mimic that lies in the Middle East, Africa, Europe and Russia where India has to go to occupy its rightful place, Mr. Ruia said.
But to get there, Indian entrepreneurship wont be enoughthe nation needs to become a leader in manufacturing and infrastructure, two areas where it can learn from China.
He then rattled off a series of annualized comparisons that should be essential reading for anyone who believes India and China belong in the same class of emerging economies. Here they are:
India makes 65 million tons of steel, China makes 650 million.
China makes 11 million cars a year. India makes two million.
India-U.S. trade totals $50 billion. China-U.S. trade totals $450 billion.
Unspoken was the suggestion that China has all theseand, for now, is leaving India in the dust.
there's a way to do this.
1.) labor intensive service industries - especially programming services that indian companies can use, not just for outsource. programming is a "people problem" in that you can throw more people at it, but manufacturing increasingly is not.
2.) development of manufacturing industries which consume programming services. in china, the largest consumer of software is our manufacturing companies which use software in everything from worker salary management to automatic control of plasma welders.
3.) a focus away from heavy industry towards light industry for new players; leave heavy industry to existing giants. small private investors have a hard time starting large projects such a petrochemical refineries or shipyards, while small shops are easy. printing, security, advertisement, foods, specialty chemicals, small scale pharmaceuticals, etc.
remember that currently india's software sector produces less wealth than china's despite being much more popular for outsourcing. our software industry is driven by domestic demand for both manufacturers and workers who have spare time to go online.
Whatever be the industry - be it service or manufacturing and more applicable to labor intensive industries - there is optimized number of people who can be put on task. More people means more idle hours less means inefficiency
Industry that is stand alone is better then an industry that depends on another sector of the economy
That is a good move by China
Bigger doesn’t a mean always better; Indian software industry is open hence competitive, while Chinese economy, as you indicated, caters to its manufacturing sector. A competitive industry has a better future
this is specifically my recommendations for india. china has done the opposite on alot of things. as you said, india's major advantage is a cheaper, younger, more vibrant and innovative labor force. so use it with labor intensive service industries.
without a manufacturing sector, india's software expertise will be limited to making simple programs for western consumers instead of more complex scientific and industrial programs for its own purposes.
India has emerged as one of the world's top ten countries in industrial production as per UNIDO's new report titled 'Yearbook of Industrial Statistics 2010'. India surpassed Canada, Brazil and Mexico in 2009 to reach the 9th position from the 12th position it held in 2008.
The Index of Industrial Production (IIP) quick estimates data for April 2010 shows a growth of 19.4 per cent in the manufacturing sector as compared to April 2009. The cumulative growth during April-March 2009-10 over the corresponding period of 2008-09 is 10.9 per cent, according to data by the Ministry of Statistics and Programme Implementation.
Moreover, as per data released by the Ministry, manufacturing sector posted a 16.3 per cent growth in January-March 2010
India has a good chance to rise but its increasing romance and dependency on west cast big doubts over its future as anything.
India without manufacturing sector??? It is equivalent of saying: China doesn't have software industry.