I wrote this for a paper a while go...may be related to the topic? There is no doubt, huge potential exists for India's expansion. However, future growth is contingent upon several factors. There are numerous inherent inefficiencies in the Indian economic and political system and they need to work on those problems if they are to grow at the current rates of growth. While the large surplus of workers has proved an advantage to India in the short run, it can have negative impacts in the long run. Hence, India should reduce its high rates of population growth. Despite the high growth rates, India would find itself locked with low GDP per capita due to its large population size. The growth of the industrial sector has been pretty slow compared to the services sector. India needs to expand its industrial base like that of China if it wants to capture the global market. If India makes the rules and regulations so as to facilitate foreign direct investment, it might see more manufacturing firms coming to India. So, it has to come up with policies to attract FDI as well. Currently, China receives far more in FDI than India. India has the language advantage over China and hence, it should be able to benefit from that. It has been dependent on outsourcing of jobs a lot in the past couple of years. However, sustainable growth isn’t possible with such a dependent economy. If the US economy crashes down, India will suffer the brunt of it. So, while labor exports are good in the short run, India has to be prepared to face any such possibilities. Agriculture is still a very important part of GDP for India. Many rural Indians depend on farm income for their livelihood. So, India should take advantage of its comparative advantage in food production to bring up these people. Diversification should also help increase the growth in the agricultural sector. China has a huge market and there is a great potential for the two countries to cooperate in several fields. India should forge unity with China and work for economic benefits than think about political ends. The cooperation between these two countries is already growing but there is a lot of room for further progress.