July 16, 2023
3 min

Comparing India and China's Economic Growth - Drishti IAS

India's current economic situation is compared to China's in 2007. Moody's states that India's economy has surpassed $3.5 trillion and is expected to exceed $3.7 trillion in 2023, similar to China's past economic size. However, there are significant differences between the two countries that will impact India's growth. India has the potential to attract global businesses with its market, labor force, and stable government, but it needs to enhance its competitiveness through reforms and a favorable business environment. The article poses the question of how India can catch up to China's economy despite obstacles.

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Written by
Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry