India enjoys
democratic system with a Federal Republic and Parliamentary system of government. Thus, their system and institutions are both more familiar and more predictable in terms of operation than those of
China which are still highly
centralized and control oriented. English language is another important differential. Another important difference of
India China Infrastructure is
education system. India's huge bunch of
technology and management - English speaking graduates is a clear advantage over
Chinese manpower. This gives
India a distinct advantage in the
international marketplace, particularly in the rapidly emerging
IT and service industries. It also augers well in the meetings
business, where
clear and coherent communication with business collaborators is a precondition for successful
joint venture and negotiation. Further,
business outsourcing will continue to grow in India, and this will also support development of other industries. Prominent differences of
India China Infrastructure exists in the respective
business environments of these two countries. Selling products to the
Chinese market, remains a real challenge for most
foreign companies. To be successful in
Chinese market a local collaborator is necessary, and this makes entry more complex.
India's developing industries are far more profitable than their Chinese counterparts.
Indian stock markets are well regulated and considerably better run and more transparent than those in
China. Entrepreneurship reigns in India, and their system recognizes and rewards the brightest and supports the whole idea of taking business risk. This in turn facilitates growth of
business development. As a result of which
foreign investors feel more comfortable while investing in
Indian Industry. Its no secret that both these economies are on a upswing of development. The industries are bound to grow and diversify into every possible verticals. It is evident that this growth will take very different directions in these two
emerging economy due to
differences in culture, business practices and where each stands in terms of factors ranging from
public infrastructure to government and business practices. Furthermore, the
IPR related problems in
trades and
products has become a serious problem in China. On the other hand
India's regulatory systems are better suited to prevent
IPR theft and this gives them a distinct advantage in creation of
business collaboration.
Source--http://business.mapsofindia.com/india-budget/infrastructure/india-china.html
