Could An Elephant Beat A Tiger?
Assembling a few iPhones in India with imported parts is different from building a vast, high-tech supply chain like China has currently, but India's potential for high-tech manufacturing is growing. Steven Tseng, a senior analyst at Bloomberg Intelligence, believes that in the longer term, India could catch up with China's manufacturing capabilities. India's English-speaking democracy, its younger population, and its government's incentives for large companies to move their manufacturing to India are all positives. However, India has inferior educational standards than China and still experiences slow and fragmented bureaucracy.
To become a dominant player in western trade influence, what is more, important for India - infrastructure or education?