Date post: | 12-Nov-2014 |
Category: |
Business |
Upload: | grant-thornton-uk-llp |
View: | 211 times |
Download: | 0 times |
1 Fastest time to build a thermalpower plant
China2 years
India5 years
2 Global windpower
China 43%
India 7%
3 Aviation
AirportsChina 500India 128
Trips per capitaChina 0.15India 0.04
AircraftChina 1 per 1.14m peopleIndia 1 per 2.89m people
PassengersChina 486mIndia 143.4m
4 Railways LocomotivesChina 18,300India 8,300
TrackChina 91,000kmIndia 65,000km
Freight WagonsChina 578,000India 225,000
PassengersChina 1.4bnIndia 6.2bn
Top speed of trainsChina 300kmhIndia 160kmh
5 Telecommunications
Mobile phoneChina 1,090mIndia 919m
Mobile towersChina 700,00 3GIndia 350,000 3G
6 IT/BPO earnings
China $35.76bnIndia $49.7bn
The Big debate – China or India?
Global Firm of the Year 2013
The fast growing markets of China and India are often compared. Do these key economic indicators tell you all you need to know when deciding which market you should enter first , or where to invest to drive the growth of your business?
When compared with the rest of the world, both China and India continue to demonstrate strong growth with GDP growing by 7.7% and 3.2% in China and India respectively in 2012. But with the level of economic growth stalling in China, India’s turnaround, whilst more modest has been stronger in recent years, driven by lower debt and modest inflation.
Both face significant internal challenges. India suffers from poor governance whilst China continues to struggle politically. The race to sort these internal issues could ultimately decide which country will come out on top.
For more insight on this topic or other international matters please visit: www.internationalbusinessreport.com
© 2014 Grant Thornton UK LLP. All rights reserved. Grant Thornton UK LLP is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Please see grant-thornton.co.uk for further details.
V23606
Will Oxley, AdvisoryT +44 (0)113 2001582E [email protected] Neil Sengupta, TaxT +44 (0)113 200 1744E [email protected]
Andy Wood, Assurance T +44 (0)113 200 2568E [email protected]
Catherine Reid, AssuranceT +44 (0)113 200 1667E [email protected]