India vs china technology in short

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 INDIA and China: advanced technology 
Race
         INDIA
                                                CHINA
Due to rapid technology-driven transformation is taking place within the global economy.Both are playing deciaive roles in this transformation as emerging advanced technology .china  is five to ten years ahead of india in most respects, but india is head in a few areas and is closing the gap in others .
Chinese exports are far larger for manufactures while india has the lead for business services.India has the large pharamaceutical, automotive and steel sector as compare to china.

 Over the coming two to five years is that it is highly likely that India will continue its 8% to 10% annual growth, while China is equally likely to experience a "hard landing" adjustment from excessively export-oriented to more domestically-oriented growth, including slower growth for at least a couple of years.
Both nations face obstacles to contunued high growth but india is on a more balance
With growth in private sector investment .china has had higher 10 to 11% growth due to increased exports of manufactures and related investment.

Longer term, the technology-driven transformation of the global economy is leading to fundamental change in the world economic and political orders. The new world order will center increasingly on the three existing or soon to be advanced technology superstates --the United States, China, and India --together with the European Union, an advanced technology superpower although not a state with a unified military and foreign policy. These four advanced technology superpowers, moreover, are also the economic hegemons --the dominant economic powers --within the advanced technology regions of North America, West Europe, East Asian, and South Asia.

the prime minister of india taken initiative for make in india project it is very large project to make new research or technology to gain rapid growth so the government  started this project.  Make in India focuses on the following 25 sectors of the economy .

So as compare to china india has started to develop day by day in every sector .
So give us the feedback that which country will be on top after the few years 
And also check my last blog about 

Comments

Unknown said…
In future india will be on top hope so
January 4, 2021 at 5:49 AM
Yash Bhanushali said…
Athma nirbhar bharat will be the future.
Great post. follow this blog as well.
January 4, 2021 at 8:47 AM
Unknown said…
It's true make in India is better than china
January 4, 2021 at 10:10 AM
Unknown said…
Make in India project is started by om
Modi
January 5, 2021 at 10:19 AM
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