China and India

nishusaurav

Kumar Saurav
China's GDP is 3.5 times more than India's GDP and the contribution of industry producing Indigneous machinery is 10 times more than India's.....this helps China self dependent in Industrial development, rather than depending over FDI's...shpuls India adopt the same strategy or it look for more FDI's to boost its economy?
 
I would India is on the right growth track except the current inflation levels.India is a service dependant market with its young population.Indian manufacturing is registering a growth of 8.5% which is pretty decent growth.No country in this era can be self-dependant.After all,world is a global village.Every country must trade with other countries.So, FDI is still needed in India for growth but I beliv we must really improve our infrastructure to get the FDIs.

-Deepak.
 
Both China and India are big players in the new economy. China now is considering no. 2 economy after USA. China's GDP is 3.5 times more than India's GDP and the contribution of industry producing Indigneous machinery is 10 times more than India's.....this helps China self dependent in Industrial development, rather than depending over FDI's...India should adopt the same strategy or it look for more FDI's to boost its economy?
 
china and india has always been arch rivals they have fought many battles in past n china has always been threat to india
 
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