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> India and to a lesser degree Mexico is probably going to be the China of the next decade or two

Do you have anything to support that? My read of that article suggests that India's manufacturing has declined and the "Make in India" initiative wasn't a success. So how does India become China over next decade?



> India's manufacturing has declined

Manufacturing's share of GDP has declined meaning manufacturing grew slower than services. Manufacturing absolutely did not decline.


So is India on track to have manufacturing capacity on par with China today in next 10 years? I am not saying it's not possible, just curious if any data supports the claim




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