India & China: An economic comparison

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    India & China: An economic comparison - Presentation Transcript

    1. China - India An Economic Comparison
    2. Introduction: India versus China
      • The race is on in earnest. It’s a fiscal showdown with two of the fastest growing economies in the world. The Red Dragon and the Four Lions are locked in trade and industry combat. From competing to be the best in the outsourcing industry to capturing the utility manufacturing industries, this face-off is enacted on a global stage.
      • Watched with eagerness from the sidelines by established superpowers, The People’s Republic of China and The Democratic Republic of India are growing quietly from strength to strength and putting their respective countries more on the world map now than ever before.
      • This presentation is not intended as a political comment, but instead focuses on the bare facts of the economic status of the two countries and their contributions in the spheres of manufacturing and industry from a global perspective.
    3. Automobiles
      • China is second only to United States in automobiles. Specialists say that the number of privately owned cars in China was close to 22 million at the end of 2006, which makes China the second largest auto market in the world, behind the USA. At present, there are 30 cars for every thousand people in China, which is far below the world average of 120 cars.
      • India is projected to have the largest number of cars in the world − 611 million to be precise − by 2050. According to the third BRIC (Brazil, Russia, India, China) report from investment banking firm, Goldman Sachs, this means every sixth car produced in the world will be sold in India. Tata Motors, India's largest four-wheel automaker, is planning to capitalize on all this spreading wealth by launching the Nano for Rupees One Lakh. Its sticker price of about $2,500 would make it the world's cheapest car. Only eight Indians out of every thousand own a car.
    4. Communication Number (in millions)
    5. Exports & Imports US$ billions/year
    6. Economy
    7. To read more, visit http://www.india-reports.com/summary/china-ppt.aspx
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