Finance, Forex and Investments

Why India' share of the world' trade is much less than China?

With this huge amount of goods that are "Made in China" everywhere in this day and age I wonder why we rarely see products that are "Made in India" I think India' share of the world market is very little given it's size and status as the world' biggest democracy, What do you think?

Public Comments

1. First reason: Despite the "Made in China" labels we are all seeing, China's economy is still largely resource-based: mining, electricity, raw materials. (Except for Hong Kong, of course, which is a leader in financial services.) India has a much more educated work force, and is a provider of services, rather than raw materials. Some of these things don't show up in the international trade data. There are lots of call centres in India, as I'm sure you know. Second reason: Hong Kong. Before the handover, Hong Kong was a major player in world trade in goods and services, and it still is. India has nothing in its back pocket like Hong Kong.
2. you are right. but the question is why? government is not business friendly pseudo license raj still prevails no condusive infrastructure lack of risk taking abilities in indians less agressive government high index of bribes at a grass root level conservative society ( changing now) saving type and conservative economy model ( china is rolling and spending type economy) its capitalism through democracy for india ( the results is gradual and slow) its capitalism through communist ( decisions are fast and results are fast)