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Can india leave china behind in 2020

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  • 1. CAN INDIA LEAVE CHINA BEHIND BY 2020? BY: SUMEET GOYAL MBA 1ST SEM.
  • 2. WHAT’S YOUR OPINION? “YES” OR “NO”
  • 3. INDIA VS CHINA IN 2013  INDIA’S TOTAL POPULATION IS AROUND 1.24 BILLION. WITH AN INCREASING BIRTH RATE  LITERACY RATE IS AROUND 65-70% IN WHICH ALMOST 100% IS IN KERELA AND 35% IN BIHAR  NET GOVERNMENT DEBT IN INDIA NOW IS 66.39% BY IMF  INDIA IS ONE OF THE BIGGEST HUB FOR OUTSOURCING SECTORS.
  • 4. CHINA  CHINA’S TOTAL POPULATION IS AROUND 1.34 BILLION.  STRONG HOLD ON THERE CURRENCY RATE.  LITERACY RATE IS ABOVE 90%  NET GOVERNMENT DEBT OF CHINA IS 21.31% APPROX.
  • 5. WHAT THE DATA SAYS? CHINESE ECONOMY IS RISING
  • 6. NOW WHATS YOUR OPINION AFTER THIS SIMPLE DATA? CAN STILL INDIA LEAVE CHINA BEHIND? OR INDIA CANNOT LEAVE CHINA
  • 7. HOW INDIA IS BETTER THAN CHINA..!!  AGE DISTRIBUTION IN INDIA. MORE YOUNG POPULATION AT 2020.  FREE MARKET ORIENTATION.  INDIA’S CURRENCY MARKET IS MORE OPEN THAN CHINA.  INDIA HAS THE ENGLISH LANGUAGE,FREE PRESS AND THE LEGAL SYSTEM INHERITED FROM THE UK  OUTSOURCING AND SERVICE SECTOR IS BETTER.
  • 8. INDIAN SECTORS CLASSIFICATION TILL 2010
  • 9. ACCORDING TO AN ECONOMIC TIMES WRITER 1. India will overtake China as the fastest-growing economy in the world. 2. India will become the largest English-speaking nation in the world. 3. By 2020, Indian companies will be major exporters of nuclear equipment 4. India, along with the US and Canada, will develop new technology to extract natural gas from gas hydrates. 5. India will also discover enormous deposits of shale gas in its vast shale. 6. More and more regions of India will demand separate statehood. By 2020, India will have 50 states instead of the current 28.
  • 10. YES THIS CAN HAPPEN… BUT… THERE ARE SOME PROBLEMS FACED BY BOTH THE COUNTRIES WHICH ARE…
  • 11. PROBLEMS OF CHINESE ECONOMIC GROWTH…  POLLUTION  SHORTAGE OF POWER  GROWING INCOME INEQUALITY  PROPERTY BOOM  INEFFICIENT BANKING SECTOR  UNEMPLOYMENT  OVERHEATING ECONOMY  HUGE BALANCE OF PAYMENT SURPLUS
  • 12. PROBLEMS OF INDIAN ECONOMY…  POOR EDUCATIONAL STANDARDS  POOR INFRASTRUCTURE  BALANCE OF PAYMENTS  HIGH LEVEL OF DEBTS  INEQUALITY  RIGID LABOUR LAWS  MORE IMPORTS THAN EXPORTS
  • 13. AND THE BIGGEST PROBLEM IS….. CORRUPTION..!!
  • 14. CAN WE REALLY MAKE IT HAPPEN?? ITS JUST AN ASSUMPTION THAT WE CAN…. BUT IT COULD HAPPEN IF WE USE THE POLICY OF “STANDING UP AND TAKE THE RISK NOT TO SIT DOWN AND WATCH…..”
  • 15. REFRENCES  Business insider/why India is better than china  Slideshare.com  Facebook.com/101 reasons why India is the best  Business and strategy/India to overtake china  IDC top 10 predictions  www.hktdc.com  Wikipedia/India vs China
  • 16. THANK YOU