摘要
India Prime Minister Narendra Modi launched his "Make in India" initiative with the primary goals of fashioning India into a global manufacturing hub and making the 21 st century "India's century." Whether it can copy the Chinese economic development miracle will be ultimately determined by the success of internal refonn and structural adjustment.
India outperformed China in growth in 2015 to become one of the fastest-growing major economies, but its low education rate, recent demonetization, and dependence on the service industry give it different prospects from China. India Prime Minister Narendra Modi, aware of the economic drag that is holding the country back, launched his ＂Make in India＂ initiative with the primary goals of fashioning India into a global manufacturing hub and making the 21st century ＂India＇ s century.＂
