Low Cost Country Sourcing - India Versus China

For you low cost country buyers...

Newsweek has a cover issue on India worth reading. The article provides a comparison of India with China in a number of areas.

Here are some quotes:

"The country (India) might have several Silicon Valleys, but it also has three Nigerias within it, more than 300 million people living on less than a dollar a day."

"Many Western businessmen go to India expecting it to be the next China. But it never will be that. China's growth is a product of its efficient, all-powerful government. Beijing decides the country needs new airports, eight-lane highways, gleaming industrial parks—and they are built within months."

"India's growth is messy, chaotic and largely unplanned. It is not top-down but bottom-up. It is happening not because of the government, but largely despite it."

""The government sleeps at night and the economy grows....."

Here is the link:

http://www.msnbc.msn.com/id/11571348/site/newsweek/