ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

India could overtake China -- one day

With the right policies, the subcontinent might reach higher per head incomes than the Middle Kingdom

| China

India has now beaten China in terms of gross domestic product growth for three years in a row, with an estimated 7.5% for 2017 compared with 6.9%. And the outlook is for more of the same: The International Monetary Fund expects India to grow at 7.7% per year in 2018-2020 and China to grow at 6.3%.

What once may have seemed a blip is the new reality: With its much lower per capita income of $1,664 in 2016 (in market prices) compared with China's $8,129, India can look forward to faster growth for the foreseeable future assuming the rules of economic catch-up still hold.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more