Indian Goods to outperform Chinese in next 10 years

     Written by : SMTV24x7 | Fri, Aug 11, 2017, 06:49 PM

Indian Goods to outperform Chinese in next 10 years

Beijing Aug 11: A country has praised another country.
Chinese media today has published an article praising India.
this move assumes significance because recently the official media of the enemy has published some provocate articles and said that time has come to start a war.

The Article published in Chinese state daily Global Times has "lauded country's initiatives to boost domestic production " and also termed India as “a rising star in the world's manufacturing arena".

The Article has also said that "Made-in-India products are likely to catch up with Chinese goods in the next 10 years," India, with a high economic growth rate and young labor force, has grown increasingly attractive to overseas investors in the manufacturing sector".

The Article has also quoted about the economic situation of India and has said that" Made-in-India products are likely to have some advantages over their Chinese counterparts, and they could also be conducive to narrowing India’s trade deficit with China".

The Article has also suggested some methods to realize country's potential and said that"India has long wanted to replace China as a global manufacturing hub but that goal cannot be achieved overnight, under the current situation, absorbing foreign investment could be a shortcut for India to realize its dream".