In which field India is better than China?

China may be strong in manufacturing and infrastructure and India in services and information technology, but the latter's manufacturing industry is becoming globally competitive, while China's technology sector threatens to match India's in a decade.

Which is better India or China?

Today, China's productivity is nearly double that of India. While 45% of Indian workers are still in the highly unproductive agriculture sector, China has graduated even from simple, labour-intensive manufacturing to emerge, for example, as a dominant force in global car markets, especially in electric vehicles.

In which field India is ahead of China?

India is way ahead of China in population growth. The birth rate has diminished a lot in China and it's not just because of the one-child policy (which has been abolished anyway) but also because the child rearing costs are so expensive and many young people (especially women) can now make the choice to be childfree.

In which sector India is ahead in world?

IT Sector

India has long been a significant player in the global IT sector because of its abundant supply of highly qualified workers and hospitable business climate.

Is India richer than China?

On a PPP basis, China is at 1st, and India is at 3rd place. Both countries share 20.51% and 26.32% of the total global wealth in nominal and PPP terms, respectively. Among Asian countries, China and India together contribute more than half of Asia's GDP.

Why India is Better than China

Who will win India vs China war?

With more active personnel and a strong domestic industrial complex, the PLA has an advantage over the Indian Army in terms of statistics, but the world's two strong armies, with nuclear weapons, fighting a long war is highly unlikely.

Is India next superpower?

Several commentators suggest that India has the potential to become a global superpower, a state with an extensive ability to exert influence or to project power in much of the world. Factors that contribute to a nation acquiring such a status can be economic, political, demographic, military, and cultural.

Which industry is booming in India?

The solar energy sector is one of the fastest-growing sectors in the Indian economy. India is the world's fourth-largest solar energy producer. The wind energy sector is rapidly expanding in India, making our nation the fifth-largest wind energy producer in the world.

Is India ahead of China in technology?

There is no doubt that India is the technology capital of the world. With over 1500 IT firms in India providing small, medium, and large-scale operations to companies abroad, India is in an enviable global leadership position when it comes to technology project execution.

Which industry will boom in future in India?

Will India grow faster than China?

In 2023-24, India is forecast to grow at 6.3%, followed by China at 5%. While India's growth rate is expected to hold at the same level next year, China's rate will slow down to 4.2%. Another key takeaway from this round of IMF forecasts is that global growth outperformed the bleak expectations of March-April 2022.

Which part did China take from India?

The first of the territories, Aksai Chin, is administered by China as part of the Xinjiang Uyghur Autonomous Region and Tibet Autonomous Region and claimed by India as part of the union territory of Ladakh; it is mostly uninhabited high-altitude wasteland in the larger regions of Kashmir and Tibet and is crossed by the ...

Can India compete with China?

India, being geographically farther from major markets, has faced challenges in terms of transportation costs and connectivity. It's important to note that while India may not have achieved the same level of success as China in attracting manufacturers, it has made efforts to improve its manufacturing ecosystem.

Which is safer China or India?

China is safer. Here is the country information page of Bureau of Consular Affairs of the US Department of State for the two countries. Within each of them is a section for safety and security. The section for China is 700 words long, and starts with "For most visitors, China remains a very safe country.

Who is strongest China or India?

India has the fourth strongest military force in the world, Global Firepower—a data website that tracks global defence-related information—said as it released its 2023 Military Strength list. The United States has been ranked first, while Russia and China are placed second and third, respectively.

Should I invest in China or India?

Corporate return on equity has been falling relative to India and other emerging markets for some time. We would not recommend a contrarian shift back towards China; we would stay overweight India and we think India will outperform China for a fourth straight year next year which is unprecedented.

What year will India overtake China?

India to overtake China as world's most populous country in April 2023, United Nations projects. 24 April 2023 - China will soon cede its long-held status as the world's most populous country.

When India expected to overtake China?

India is expected to surpass China as the world's most populous country in 2023. India is projected to reach 1.429 billion people this year, overtaking China for the first time since the United Nations began recording population rankings in 1950. 2023 India is expected to overtake China.

Why China is more developed than India?

From the end of the cold war in 1989 to the global financial crisis in 2008, more than 20 years were the golden age of global economic globalization. Over the past two decades, developed countries in the west have shifted manufacturing to developing countries, China jumped at the chance and India didn't!

What are India's 3 largest industries?

Which are the major industries in the Indian Economy? Answer: The major industries in the Indian Economy are Iron & Steel, Textiles, Jute, Sugar, Cement, Paper, Petrochemical, Automobile, Information Technology (IT), and Banking & Insurance.

Which business is most profitable in India?

Which business grow faster in India?

The food industry is one of the biggest sectors in the fastest growing business in India. The traditional food industry is comprised of selling agricultural goods and services.

Will India overtake US economy?

According to a report by Goldman Sachs Research, India is expected to overtake the US and become the world's second-largest economy by 2075. As of now, India holds the position of the world's fifth-largest economy, following Germany, Japan, China, and the United States.

Who are the best friends of India?

Countries considered India's closest include the United Arab Emirates, Russian Federation, Israel, Afghanistan, France, Bhutan, Bangladesh, and the United States. Russia is the largest supplier of military equipment to India, followed by Israel and France.

Is India good country to live?

India has a fast-growing, diverse economy with a large, skilled workforce. But because of its population, it's also one of the poorest countries in the world based on income and gross national product per capita. Although agriculture employs the most workers, services are the major source of economic growth.