India Will Not Be The Next China

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Up until 1990 India was slightly richer than China on a per capita basis, but since then China's economy has grown far faster than India's. In this video we look at the structural issues in India's economy have thus far prevented it from achieving the same level of economic success as China.

0:00 - 1:50 Intro
1:51 - 2:38 Morning Brew
2:39 - 3:25 Washington consensus
3:26 - 5:53 Protectionism
5:54 - 7:45 Export competitiveness
7:46 - 10:18 Bureaucracy
10:19 - 13:38 Manufacturing sector
13:39 - 16:18 Technology
16:19 - 18:40 Service sector
18:41 - 22:22 Informal economy
22:23 Limitless potential

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[AA]

Being an Indian, I have seen times when electricity would come for 5 hours a day to now 24 hours a day. I am sure indian future will be bright.

[FlyingAlmonds]

China has been built on infrastructure, investment and manufacturing; India has barely scratched the surface on all three

[jaredspencer]

Working in Silicon Valley, I know so many Indians who plan on returning home to found tech companies. I wonder what role this will play in India leap-frogging into a services economy. Good luck, India!

[Earlytorise]

As a 33 year old entrepreneur in India, I'm so excited and grateful for the chance to be young in 2023. It's an exciting time! Lovely to see the episode!

[Manish_kumar_gope]

Here in India Large chunk of people don't want any changes, they only trust in the government-owned sector.
According to them, privatization will make everything more expensive.

[rajsekhar]

I was from rural india ...during my childhood days saw electric power only for 4 hrs but now things changed n improved alot. We are getting electricity power 18-24 hrs a day. India improved alot in last 15-17 years.

[yongkangsun]

As a Chinese, I am very happy to see India developing rapidly. Competition between multiple powers will bring great benefits to the living standards of ordinary people. I believe that people in developing countries can eventually live the lives of Europeans and Americans through hard work.

[nnadilambert]

As a Nigerian I feel really happy for India and jealous at the same time 😢. I am 24 and until now we don’t even have up to 5hr of electricity 😭

[ronaldomamedee]

I am Brazilian and I want to thank the support from Indians to Brazil on the World Cup and I wish this amazing country, which I have a couple of friends, a lot of success and prosperity 🇧🇷 🇮🇳

[JunaidKhan-mxdp]

I am 24, but i have seen India growing from scratch in front of eyes. Hope India will do progress always. 😊

[haykkarapetyan]

As an Armenian, I am thrilled to see India's economic growth and development! The progress in technology, infrastructure, and business is truly impressive. I am happy to see India on the right track. I'm looking forward to see more progress and growth in India. Keep up the great work!!!

[rdkzerj]

India is the origin of Chinese Buddhism and has a splendid civilization. We look forward to India's rise. We are both countries with ancient civilizations and hope that the two countries can develop peacefully.

[lijunism]

I''m indonesian and never been to india but i hope india will be prosperous. The goverment and all of its people. Its nice to see the shift of power from the west to asia. Hope my country also achieve that and everyone will have roof above their heads, no one sleeps hungry. 👍

[anuragc]

Trust me I’m just 25 … but I have seen India change so much in front of my eyes. But undoubtedly we have miles to go and a lot more ground to cover ..

[omprakashmahanta]

During my highschool I planned to leave India for a good life in a foreign country.
But in last 10 years I have seen so much change in the society and opportunities that I changed my mind and now I work for a MNC while living a King size life in India.

[sahilx]

Few years back, I never thought whole India will be using 5G and high-speed Internet with such an ease. 🇮🇳

[FunNFury]

India is definitely growing...i went back to india after just 3 years and things looked very different from how it was.

[huwenkai]

India will not be the next China. It'll become India of its own. For India's economy and power, they are rising, but in a different way or manner China has. Remember, India's rise is very turbulent, but it has been able to sustain that. However, to become like China, it needs a long term strategy.

[Anil.Asrani]

As an Indian that line hit hard in a bad way that our potential is going unrealized, its unfortunately true though....

[shunchi]

India is not next China. India is India! It is unique and has many different potentials.