In which field India is ahead of China?

One of the Best in Managing Financial Sector

Though the two nations introduced separate sets of reforms at different points of time, China started moving towards the pro-market economy in 1978 and India did the same in 1991. But India is 15 years ahead of China with regard to reforms in economic and financial markets.

In which field China is better than India?

Still, China has India beat when comparing economies. Currently, China's economy is estimated to be five times larger than India's. China also continues to have higher economic growth rates each year as well as a higher overall GDP and income per person.

In which sector is India ahead?

India's IT sector, one of the mainstays of its economy, is much ahead of its Chinese counterpart in the global markets but the firms from China are catching up and doing well in e-commerce, autonomous driving, AI and cloud services, according to a top Chinese IT executive.

In which field India is in top?

Why is India so ahead in technology?

This is partly due to Indians' predisposition towards math and science from an early age. In fact, the answer to why Indians are so good at technology lies not only with the education system, but also their culture and upbringing.

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Why India can't developed?

Another reason why India can never be A Developed country is Unproductive population and illiterate population, India stands behind when it comes to literacy, the Indian Literacy rate is 74.04% and the reason for this low literacy rate is Parents low income, the mentality of not educating a girl child, not ...

Is India the next Silicon Valley?

Bengaluru has long been referred to as India's Silicon Valley as it has the largest concentration of companies linked to the Internet, apps, services, software products, etc. It is also growing in terms of investments, which are happening almost every day.

In which thing India is No 1 in world?

Largest Democracy in The World

According to UN estimates, the country is home to 18 percent of the world's population. India is renowned as the most populous democracy in the world.

What is India No 1 in the world?

But according to GDP Growth by country 2022, compared to the size of GDP of 8 countries, India's GDP is 1.5 times bigger. According to the recently released report GDP Growth by country 2022, India's GDP is the fifth largest GDP in the world. Although India is still ahead of the USA, China, Japan, and Germany.

Where does India rank in technology?

It may be recalled that according to the Global Innovation Index (GII) 2022 brought out by World Intellectual Property Organization (WIPO), India's GII ranking has also improved significantly from 81st in 2014 to 40th position in 2022.

Is Indian economy ahead of Chinese economy?

When considering China and India, in recent decades China has been the more attractive economic prospect. The country's nominal GDP of USD 18 trillion is roughly six times that of India.

What will make India superpower?

India is considered a soft power and one of the potential superpowers of the world. This potential is attributed to several indicators, the primary ones being its demographic trends and a rapidly expanding economy and military. India is quietly laying claim to economic superpower status.

Which country is No 1 in manufacturing?

China makes up 28.7% of the total global output for manufacturing. This accounted for nearly $4 trillion of the country's overall economic output in 2019. Although the United States used to be the world's top manufacturing hub, it has been over 10 years since China claimed the top position.

Is India as powerful as China?

India 4th most powerful country in Asia; China loses ground to US: Report. In the Asian Power Index for 2021 that ranks 26 nations and territories in Asia, prepared by the Lowy Institute of Sydney, India has been ranked 4th most powerful country.

In which sector India is lagging behind?

India's manufacturing lags behind agricultural sector. - Indian Agricultural Facts.

Is China more technologically advanced than India?

Moreover, China depends on their great human capital in the world and their literacy rate is above 70%. China is way ahead of India in terms of technology in IT and telecom space. Due to their advancement in the IT and telecom industries, China has edge over others even in other fields of Science and technology.

Who is the best friend of India?

Countries considered India's closest include the United Arab Emirates, Russian Federation, Israel, Afghanistan, France, Bhutan, Bangladesh, and the United States.

What is the rank of India in superpower?

4) India. India is the fourth most powerful country in the world due to its large population, economic growth, and military capabilities. It has the third-largest military in the world and its economy is growing rapidly.

Why is India special in the world?

A unique land of vibrant colours, breathtaking landscapes and rich history, India is unlike any other. From the writhing streets of Mumbai to the idyllic shores of the Andaman Islands, this remarkable country offers a diverse feast for the senses.

What is India proud of?

We have the most number of languages spoken in any one nation; with 29 languages spoken by more than one million people each. We have more than 1,650 dialects. India also boasts of the largest diversity of races. Despite being a single film industry to the world outside, India produces films in around 21 languages.

Is India a powerful country?

India is the fourth most powerful country in Asia, but it exerts less influence than expected given its available resources, a report released on Friday said. The United States of America (USA) holds the most power in Asia, followed by China and Japan.

What India gave to the world?

Other contributions of India to the world includes Chess, snakes and ladders, basmati rice, yoga, Sanskrit, Ayurveda, water on the moon, plastic surgery, binary system, ink, Fibonacci numbers, fiber optics, USB, and many more.

Which Indian city is compared to the US Silicon Valley?

Bangalore is known as the "Silicon Valley of India" because of its role as the nation's leading software exporter as well as being a major semiconductor hub. Several state-owned aerospace and defence organisations are located in the city.

Who is the Indian silicon city?

Assertion (A): Bengaluru is known as the 'Silicon Valley of India' or the IT-BT city of India. Reason (R): Bengaluru has 1200 IT and Biotechnology industries and provides employment to over 4 lakh people. Q. Which city is known as the 'Silicon Valley of India'?

Is India becoming a tech hub?

As corporations look to adopt technology at a global scale, India has the opportunity to become a technology and innovation hub. India has demonstrated its strength of being one of the largest exporters of IT and BPO services globally.