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India can Beat China?

Created by : Soorain Vahie, Freelancer, Consulting  | 03 09 2010 21:42:10 +0000
Functional Area : Performance(Corporate Finance)
Keywords : india's growth
Activity:  81 views;  last activity : 07 06 2010 20:18:09 +0000
  1. Thought I must share with you. “India can beat China” 1) Almost 1 out of every 10 people in India is below the age of 25 and these fresh minds to enter various Industries, Business, and education sectors. China is facing a population crisis One-Child policy is facing an unequal sex ratio  By 2015, China’s would struggle with providing care to its aging millions. 2) China’s current economic growth is due to resource accumulation from trades while India’s growth is increasingly based on a more efficient economic sector. Industry. 3)  China is light industry producer while India is the heavy Industry producer. China makes toys, T-shirts and likes, India is making industrial grade steel tanks and ships while its automotive industry is experiencing unprecedented growth. China will grow in in common goods, consider its trouble with kick starting their automotive industry. 4) Education- Out of the 500 thousand engineers, a better part of them are Indian graduates. India has the 2nd largest English speaking population, India’s education system has proven to be far more advanced than its counterpart. (IIT) is a world prestigious institution that even rivals western universities at the quality of education it provides.  India is the 2nd largest producer of Engineers, scientist and doctors. 5) Growth Investment -China’s economy began its growth spree almost 13 years (1979) before India even emerged on the global economic market. Even when China did emerge, it began to rely on foreign investments too much. Today, China is dependent on foreign investments. India has been developing a wave of homegrown, innovative private companies, especially in high tech & information sector. Indian civilian and military nuclear program springing forth a homegrown nuclear technology capable of processing Thorium  and likes. –Indian companies have grown on their own, and are now emerging on the world markets. TATA Group, Reliance Corp, Mittal Steel and many others have begun to takeover European and American companies – expanding their global reach (Japan’s recent 5 billion dollar investment in the “industrial corridor” of India). Overall, India is growing at a rate that ensures quality while experiencing record breaking growth – something China has failed to do. (excerpts from NewsFlavor) Interesting? 
  
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By Soorain Vahie, Freelancer, Consulting  | 03 09 2010 21:42:10 +0000
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