Even if India’s economy is growing faster than China, it does not mean that India has become economically as powerful as China. While India’s Gross Domestic Product (GDP) was $2.5 trillion in 2016, China’s GDP is nearly five times of that, at $11.4 trillion. That also reflects in the per capita GDP: while it is $8,260 for China, for India it is $1,718. India might overtake China in terms of population by 2022, but to overtake its per capita GDP, the Indian economy needs to grow more than 30 percent annually.

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