Pranjal Sharma — What the Fourth Industrial Revolution means for India

Opportunities and challenges for one of the world's two most populous countries, China being the other, of course. 

China is more in the spotlight of development, but India is also playing catch-up. 

India has the disadvantage of being modeled on a Western liberal democracy when this is not traditional in India. While China has a homogeneous and now well-developed form of governance, India is still groping with the residual of the British Raj and is not yet as organized and focused as China. 

Nevertheless, India is also making progress and has the advantage of a much younger population than China. India's future is bright if Indians can get it together.

The partition of India and Pakistan at the time of independence was much more serious for both India and Pakistan than the division of the People's Republic of China and the Republic of China (Taiwan). While it is conceivable that the PROC and the ROC may unite in the foreseeable future, the possibility of India, Pakistan and Bangladesh reuniting seems remote at present.

World Economic Forum
What the Fourth Industrial Revolution means for India

Pranjal Sharma | Consulting Editor, Businessworld, India