China got independence after Indian independence and developed more than India. What is the success story of China?
The difference between India and China is that between a sprinter and a marathon racer. China and India were at the same level in 1980. China did an extraordinary sprint between 1980 to 2010 when it experienced economic growth of 10 % per year. Indian politico-economic system will not allow India to grow so fast.
All is not lost, however. Chinese economic growth will now slow down and will probably be 3 % per year after 2025. Indian economy will continue to grow at a rate of 6 % per year for many more decades.
We can't compare the to their is huge difference between the two except population nothing is common between us so we are not the same our way of functioning is different then that of Chinese.
Though we got independence in the same period as china thier is huge difference china opened of its economy in late 80 ‘s way ahead then india.
What ever kind of goods can be manufactured in china even duplicates of original one. ( no one knows why labour's is cheap thier is something which we don't know it's not definitely the case of productivity Chinese work harder the case here is different. Thier is something hidden here ).
While India open ups its economy in late 90’s or early 20’s way behind the china..Nor did manufacturers find equal manufacturing opportunity in India due political, or any other reason they were not interested in another India after just 15 to 20 years of investment in china they are not interested in manufacturing in India.
Ruat Ruat, Owner (2019-present)
However China and India, except their populations, are very different countries, which is not very common for two countries that share a significant border. Politics have been always different in the 2 countries, while India a former British colony, suffer a lot of co ption and laziness of their people.
A.V. Dagaonkar, BE MBA Sr Management Expert (1970)
Ask what I have done, how much hard work and more productive I can be
Never compare either nations or personal life
That is road to disaster
Ramesh Gupta, B.Sc. Mathematics, Chhatrapati Shahu Ji Maharaj University
after opening their economy to the world they became manufacturing HUB to world by shear power of cheap manpower which was controlled by their go nment tightly and was producing much better output than Indian counterpart.