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A comment on All MPs under 30 in India's Parliament are children of MPs.. Parent comment
Economic liberalisation began in China in ~1978 and Indian reform in ~1991. So, the Chinese are more than 10 years ahead.
So, while it is worse its not a lot worse. It is made great strides in IT, steel, textiles and other fields.
I expect in 10 to 20 years India to be a serious competitive threat to China, especially considering demographic trends.
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Economic liberalisation began in China in ~1978 and Indian reform in ~1991. So, the Chinese are more than 10 years ahead.
So, while it is worse its not a lot worse. It is made great strides in IT, steel, textiles and other fields.
I expect in 10 to 20 years India to be a serious competitive threat to China, especially considering demographic trends.