Kunpeng Project
India's dream of becoming an industrial power, but the GDP growth rate of 7% is gradually moving away, what is the truth?
India's dream of industrialisation with a GDP growth of 7% is on the way, what is the truth?
In recent years, India's economy has grown rapidly, and it is also the fastest in the world. Therefore, many Westerners believe that India's economy will definitely be able to catch up with China, and India will also become a large industrialized country and a developed country.
However, even if India's economic growth rate is very fast, it is still very difficult to catch up with China and develop into an advanced country. The rationale for this is that India's rapid growth is only an inevitable point in India's current economic development.
In other words, with India's current level of development, not only India, but any other country's economy will grow rapidly, and China's economy is much faster than India's current development rate.
In fact, India's economy has neither famous brands nor technology, and its scientific and technological innovation strength is weak. It is true that compared with China, India has a big gap in terms of brand, technology, and technology. If India's economy is to maintain high growth, then it needs a brand, a technology, and a technological innovation.
At the end of the day, India doesn't have its own products, it doesn't have its own technology, and no matter how fast they develop, they will only stagnate, and this is a good example.