What are the comparative advantages that you see for India vis-a-vis China?
The single biggest advantage of India is its political stability. I know that if you look very closely, it does not appear that stable, but compared to China, this is a huge advantage. I seriously believe that China will have great difficulty in continuing with economic freedom but not allowing political freedom, in keeping politics centralised. These two paths are not compatible and in the coming decade, China will face huge pressures. On the other hand, India with its federalism and democracy will have the advantage. The second is that India has a huge scientific base. I believe that India should take the lead in becoming a leading global centre for science and technology, and this advantage is helped by India’s large English-speaking base. I know English is not universally spoken in India but the fact that it is spoken has been part of the reason for the Indian success in IT. One lesson that India can learn from China is to use its overseas resources. China was able to network its o
