Will India's Economy Grow Stronger than China? | Explaining India's Fastest Growing Big Economy? 

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I'm Chinese, and I think every country has its own development trajectory. Data is only one aspect, the people's experience is also quite important. I’m living a good life in China, and I hope that India can also develop its own unique culture and characteristics. I hope I can travel there to try the unique food there and experience India's own culture.

lets go India! we Chinese are looking for alternative markets to diversify our trade with western nations. We look forward to having a wealthy neighbor.

I don't want India to beat anyone, I just want India to grow powerfully

I am Chinese I am truly hoping India can develop better their people deserve to live in a good life. I think our development mistakes are good lesson for India to look at. Best luck for all India!

Just remember no matter how far India tries to grow, if The United States feels you are getting ahead, the United States will do whatever it can to stop you. Example: Japan , China , Samsung

As an Indian, I don’t expect us to beat China. However, I do expect to us hold our own against them.

Economy growth is not a competition game between nations. Both India and China are countries with large populations, and they could learn from each other's mistakes and bring a better life to the people.

India doesn't compete with the world it competes with itself!! One word, one Family 🇮🇳

I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?

Thank y sir ...from depth of my heart 💖💓 for using the correct map of India 🙏🙏 🙏🙏 I request all indian lovers like and support it

I think one point where Indians are overly confident is that they often believe that if China can achieve something with a certain level of efficiency, India can also achieve the same level of efficiency. It took China many years to go from point A to point B in terms of economic growth, and India is currently at point A, so they believe that India can also reach point B in the same number of years. But oh my, India hasn't even solved some very fundamental problems. This "I can do it too" mindset can be seen as completely thoughtless and disregarding the reality.

India’s development story is truly inspiring🤩The country has made significant strides in various sectors, including infrastructure, agriculture, and healthcare. The Indian government’s efforts to promote entrepreneurship and innovation have also been commendable. India’s economy is now the fifth largest in the world, and it is projected to become the third largest by 2030 It’s heartening to see how India has transformed itself into a global economic powerhouse while still retaining its cultural heritage and diversity. Kudos to the Indian government and its people for their hard work and dedication!

They always imagine that India will be the next China, but ignore the many differences between India and China. Indians think democracy is their strength, but this is the only reason China has completed industrialization in the post-industrial era. In China, no matter how powerful capital is, it does not threaten political decisions, which allows China to deploy industries at a macro level, but India will eventually become an oligarchy, controlled and manipulated by capital.

It makes more sense to use China's developments as a yardstick for improvement. Education, infrastructure, heavy industry, caste system, to name but a few, truly need lots of improvement. The West wold not allow another nation of a huge population to master high end manufacturing. They would just keep India as a low to middle end manufacturing center while they monopolize the high end sectors offering high paid jobs. China is taking away a good part of the high paid jobs from the West. That's why the US has launched the trade and tech wars.

2:30 for once they have shown the correct map of India

I feed up people always compare indian with China. apart from large population, there are no anything similar.

The late black revolutionary Malcolm X said long time ago: “I go for Mao Tse-tung much more than Nehru because I think that Nehru brought his country up in a beggar's role. The role of India and its reliance upon the West during the years since it got its supposed independence, has it today just as helpless and dependent as it was when it first got its independence. Whereas in China, the chinese fought for their independence. They became militant right from the outstart, and today even though they are not loved by the West, but they are respected by the West. Now the West don't respect India, but they do love India. I admire the stand of China & the stand of Mao Tse-tung.”

Well done India. Well deserved and impressive progress.

#World_teacher india 🇮🇳 will grow again 🥺🥺 India won't beat anyone India will just grow peacefully😊😊

India is also investing a lot in renewable energy, which is bound to create more jobs

According to experts India needs 168 years to have the same standards of living as China at the present rates growth of both countries

This is the classic example of an anlaysis that you set up the conclusion first then to look for supporting evidence.

INDIA's aim is not be rivalled against China but to have its own story of trajectory and be an example of all encompassing steady growth based on Solid foundation of socio-economic indicators..'sabka sath sabka vikas' is our Mantra led by our Superman P.Minister Modi....

13:52 used the correct map of India. Respect and subscriber earned by ECON❤

As I Indian i don't think so we can compete china but yes India growing well from the last 10 years

If you want likes & Views in RU-vid...Praise India unconditionally regardless of reality.... 👌👌

😂The scripts fit for a Bollywood movie, full of illusions making all feel high, once step out of the cinema, reality strikes. India has major/serious problems that, if based on the present political, economic & social structures, India will never be able to reach a level to match China. For those who watch Indian mainstream media, listening to their politicians & even ordinary folks talking, one will realised that India is like an infant, the moment starts to walk a few steps it keeps on boasting as though it is already an Olympic champion. Meanwhile bad-mouthing China won't make India great, it is a reflection of jealousy & inferiority.

India had been Looted and tornapart in the past, today India has been surrounded by enemies yet we are slowly and steadily climbing....!!!

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

The things where my country is lacking are: 1. Quality of work. Most of the labour workers has taken no formal training and they join workforce just as a labourer where they do what they asked for. For example: building a house. In other countries, a person has to get certificate before starting as a carpenter. But in India, there’s nothing like that. This is just one example. So most of the work is done with poor finish here. You see how people design bridges and roads in semi metro cities. It is very poor. 2. Corruption is another issue where everyone from politicians to contractors, everyone has their share. Result, money is not utilised. I feel bad about it. We call our country Bharat Mata (mother India), but we treat it worst compared to any other country. Throw garbage wherever you want, spit, keep making same road again and again and waste natural resources. 3. People want to do government jobs only where they can get pay, pay rise every year without doing anything. I have literally seen it people staying at hone and earrings much much more than a normal person doing private job. People has this mindset to somehow get into govt job and secure future. 4. People thinks that if my country’s GDP is increasing than we are superpower. Nope, we’re still third world country unless and until a common man has a happy life where they have good public transport, free water, clean air and places, and organised development. 4. I feel bad when I see people voting based on caste and specifically states like UP and Bihar which are one of the most poorest, corrupt, far under performing and financially burdened states for our country. We compare ourselves to china, but we lack basic antiquates and skills in which Chinese people are ahead and that’s the reason they are far superior. I said everything because I live abroad and when I come here back for visiting my country, I can feel what’s wrong. I noticed all of these things and now I understood why people in other countries think we are still very far behind and why still have a long way to go.

Unfortunately for India to beat China economically, India must also develop its high techs sector like giant internet company and chip industry. This is a no-no for U.S. and West who would never allow this to happen. India would eventually have trade war and suffering from sanctions like many Chinese companies do. It’s not like India is the world’s largest democracy then U.S. would allow India to suppress.

One of the laughable thing is that islamic madrassa education is also considered and included as national education system.

You will never know that how i got so much likes 😂❤

hope india better than now，love from china，we Asians need to unite❤

As a Chinese,，I love Indian

In India, our primary target is not to surpass any country, but to develop alongside the rest of the world in a sustainable manner. May the whole planet reach its highest well being!

*FUTURE IS BRIGHT FOR INDIA* 🇮🇳

Indians compare themselves with China but Chinese compare themselves with US only, they never compare with India.

Unless India can solve its low literacy rate and high poverty , her large population will be a liability instead of an asset. By the time India reach the GDP of China today, China would have surpass the USA. By then India will be challenging The USA for 2nd spot. India will also face obstacles from USA that China faces. In geo politics, there are no permanent friends, only permanent interests.

If india becomes a developed country then it would be called as the GOLDEN TIGER instead of golden bird🇮🇳🇮🇳🇮🇳

Go go India,, from Beijing brotherhood! Jai yo!

Go india, I love to see such a happy people be finally able to succeed.

Thanks for using the correct map of India. Subscribed. One of the best and well researched video explaining the financial growth of India.

The bottleneck is not China but USA. As everyone can see whoever is getting close to US who will try to slow down its growth. So the correct question is if Indian Economy can grow stronger than US.

The growth opportunities are real the only thing that the govt needs to do is focus on the service sector also where India has a competitive advantage and reduce the protectionist approach in schemes like make in India and others. Let indian companies compete with global companies in India and abroad. Consolidation will happen new companies will emerge and the consumers will get good products.

By far this one is the best video about India's economic situation. Gotta respect for making this❤

Thanks for showing India’s last ICC trophy victory at 2013 Champions Trophy at the beginning. Brings back good memories,

As a Chinese, what I want to say is that China does not regard India as a competitor, nor does it regard India as an enemy. We should work together for common development, and we should live in harmony instead of being jealous of each other. There is still a long way to go.

At 1945 China and India share almost the same GDP and know China GDP is 5X but Endia always feel superpower and better than China. At the end India talk China walk. India is not comparable to China, Endia is too far behind

Yes, in the future. India always win, in the furture.

Both India 🇮🇳 and China 🇨🇳 constitute more than half of the world's economy until 1700s before colonial period. Both were so much wealthy we can't compare. That's why colonisers came here so much quickly.

Correction- The reason China’s consumption accounts only 30% of its GDP is because it has very large export industry. China’s consumption economy is not small at all - in fact if China doesn’t export anything tomorrow then China’s domestic consumption per GDP is on par as average European at 50%

Size of China's economy is more than 5 times that of India. Yes, India has been growing at higher rate than China in recent years. For instance, it's projected that India will grow more than 6%, while China will add about 5%. However, China stll has more amount of growth than India due to it large base. And the gap will get even bigger. India will have to consistently grow much faster in order to catch up/surpass China. Another possibility is sudden collapse of China, which I think is highly unlikely.

The data that used at 8.0 chart is of 2017(Around 6 years ago) . After covid here in India the digital score is far way better than any other country. Looking forward for updated and 2023 figures.

As per the report, there were 149 million persons aged 60 years and above in 2022 (as of 1 July), comprising around 10.5% of the country's population. And, by 2050, this population will double to 20.8%, with the absolute number at 347 million.

India have a shot to be world best when they achieve excellence quality output as Japan, Korea or China

I Admide your words that india should invest in human capital development to gain skilled workers for prosperous development.But the truth is "IT'S EASIER SAID THEN DONE"Quality Education is still very far for a medium middle class family(who earns roughly 20-40k inr per month tax excluded) and its a dream for the poor & farmers.

Nice video. Liked some of the points mentioned and metrics highlighted.

According to some experts, the United States and other regions of Europe may have a recession in 2024. Because China and emerging countries frequently grow faster than more developed economies, a global recession, which is defined as a decline in annual global per capita GDP, is more uncommon. Fundamentally, if economic growth lags behind population growth, the global economy is said to be in a recession.

I see that education has not improved in India. It is indeed true that a mere 2.9% allocation for education in such a populous country won't suffice. I don't know when the government will realize that education is as important as infrastructure and defense. Look at the government schools in Western countries; even higher-earning families send their children to them. In contrast, when we look at Indian government schools, it is absurd that education is still treated as a money-making industry. We won't be able to reach greater heights if we continue to neglect this fundamental aspect.

Love from Bangladesh 🇧🇩❤️🇮🇳

History repeats itself

Thanks RU-vidr for using the correct map of India throughout this video! ✌️

Basic facts about India No of households with electricity -99.6%, No of household with toilets-95.4%(25.72 crore) No of households with gas connections-27.6 crore (98%of households), No of households with tap water 19 crore (70% of all households) Number of dams-5443 Youth Literacy rate -93%, No of universities-1473, No of schools -14.9 Lakh Mobile phones-141 crore, Internet users-93.2 crore Road network-62.2 lakh kms, Railway network -115,000 Kms (91% electrified) Airports-147(By 2025-220) Pucca Households build -16.9 crore (61% of total 28 crore households) Indians under Food Security -81 crore, Total workforce-52.4 crore, unemployment rate-8.4% GDP-$3750 billion, Exports-$776 billion, Forex Reserves-$609 billion Citizens below GMDPI (below $3.65 per day per person)-15.6%

Religion, education, and the caste system are the biggest obstacles that hinder you. If these problems are solved, India will become a real superpower.

Words like China US Dubai Singapore are very common in thinking ahead none of them compare themselves with others but Indians do its a kind of complex that Indians cannot think of an identity of their own,one has to see what China is today,those who have been there see a different world many Indians think India is 100 years behind that is what happens when you experience a place in reality you get an better idea where one stands

Hey your videos are great. Do you animate this graphes are get from somewhere else?

I am very hopeful for the future of India as despite facing numerous challenges, India still manages to deal with them. The upcoming decade is going to be crucial for India as new infrastructures will emerge and see new growth patterns. But India must improve its education sector as well as it's going to turn the children into potential workforce for the country's growth. New reforms regarding to National education policy could be taken into account and their swift implementation should happen as well.

Very good video , I was expecting another clickbait type video but you actually dived into the economics and valid criticism .

INDIA is elephant 🐘.... It goes slowly but steadily🇮🇳🇮🇳🇮🇳❤️❤️❤️🐘🐘🐘

8:06 this data is from 2014-2017 but the main push in the digital adoption came after 2018 when major giants entered the online payment market and since then this data should've risen way up

Great analysis. It would be interesting to watch this video after 10 years.

Of coarse it will be mega greater. because we indians strive for great things. Jai hind.

Good luck to India !!!

I think your video also fail in mentioning the differences between India and China when it comes to scientific research and development. China sees the importance of being self sufficient in core technologies. For example China's response to the US sanction on semiconductor is fast, the initial steps China took was to be sufficient in 14nm above semiconductors, while India seems to be waiting for other countries to hand down their semiconductor knowledge to India. Chinese government invested 25 times the amount of what Indian government invest in scientific research and development. India is pretty much at where China was about 10 years ago, it will take up some of the low end assembly jobs from China, China is in a transition and gradually it will not only be the factory of the world but also a major technological innovator and exporter.

Made 200k today. Gratitudes to you and this channel for all the knowledge you had thrown my way over the last months. Started with 14k in June 2022

One thing you did not touch on when emphasizing the importance of internal consumption as a sustainable force in a country growth is the population needs money to spent on consumption. US's consumption is based on their ability to print money to sustain their increasing consumption to grow the economy. How long can this last is anybody guess. India?

I think India will be at the top of the world. congratulation.

Speaking of consumption-based economy...You are confusing India with developed countries..Because India's industrial structure is backward...most Indians live in rural areas...engaged in agriculture... service...India is a country with more self-employed population than corporate employees...most people are not permanent employees.. you can't say that indian "street food" vendors are superior to chinese car manufacturing workers...Similarly, there is no comparison between call center and chip manufacturing......the former is consumption GDP and the latter is manufacturing GDP..so from the perspective of GDP distribution... india is a "consumption-oriented" economy... but it is completely different from developed countries.

As a Chinese, I want India to get better and better. Asia strong

Education and mindset is India worst problem

by youtube's comments, India already ahead of china

三哥好像对“高速增长”完全没有概念。 中国从九十年代开始之后持续三十年平均年化率13%，而三哥建国后到现在连10%都没上过，6%的增速对三哥现在的体量来说堪称龟速，他们却骄傲地认为这是“高速增长”。 India superpower！jaihind！

“要想富，少生孩子多种树”，这是中国过去时代到处张贴的标语❤

India already has its own Deng Xiaoping-Modi, and it needs its own Mao Zedong, which is not enough. It still needs a Qin Shihuang.

Amazing video! May I know which editing tool you are using for map and graph animation?

Thanks @Econ for using correct Indian map ..Huge respect from Kolkata,India

India is Bharat....bright💖

Something M'pesa was already implemented in Bangladesh almost a decade ago and it was big success.

Are you going to do a video about Italy?

Unbiased content. Good work

As a Chinese, I have to claim that Indian military and economic power is way more advanced at least ahead 50 years than China’s, god bless india 🫶🏼👐🏼😸 ​​​

yeah，India is the best，always best

India, US and allies : Yes ! 165 UN recognized countries : Impossible !

For those westerners and others who are jealous here ,keep crying. India is growing at 6-7% on average since 25 years . Our GDP is literally 10 times the GDP compared to 1999 ( year which I was born ) and combined with young population , you'll see the rise of India reaching its old glory. Once the accelerated infrastructural and logistics growth which is carried out now is concluded by the next decade, its gonna take off once more. We'll slowly and steadily take our old glory.This century is all about civilization countries coming back on top i.e India and China. Jai Hind🇮🇳

We will understand that we are not happy just by looking at GDP because the population of our country is too much to increase GDP but we should focus on per capita income and focus on real education.

India will be big, but to be bigger is not possible.

This is best explanation of India 🇮🇳. Thanks for using correct map because I have seen many videos in internet people from West Don't know correct map of India. They should learn from you. Thanks for making such a nice video. Very informative. As an Indian i like it

Indian here and proud of our current government’s transformative policies. Honestly china is 20 years ahead of India in many indices, especially in R&D. Single party system in china and single language, ability to take super fast decisions.