Here’s how India became more competitive than China (Attilio Di Battista, WEF)

India’s GDP per capita (in terms of purchasing power parity) almost doubled between 2007 and 2016, from $3,587 to $6,599. Growth slowed after the 2008 crisis, hitting a decade low in 2012-2013. But if anything, this provided the country with the opportunity to rethink its policies and engage more firmly in the reforms necessary to improve its competitiveness. Growth rebounded in 2014, and last year surpassed that of China.

https://www.weforum.org/agenda/2016/09/here-s-how-india-became-more-competitive-than-china