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The emergence of China as a major economic power was followed by a slower, but still important, economic transformation in India. Both countries, by virtue of their sheer size, have the potential to be dominant forces in the international economy. Before 1980, economic growth in both China and India, as measured by the growth rate of income per capita (in purchasing power parity terms), was relatively slow. After 1980, growth in both countries accelerated, dramatically in China and more modestly in India (China rapidly overtook India, and now has substantially higher income per capita.

Income Per Capita

In this report we have tried to analyze the impact of demographic factors in this gap between India and China. We have also tried to what effects will these factors have in the future developments of these countries using the projected data from United Nations.

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* Contributed by: -
Manvendra Pratap Singh & Vishal Narlawar,
MBA (majoring in Marketing),
ICFAI Business School, Hyderabad.