INDIA AND CHINA IN THE POST-REFORM ERA: A COMPARATIVE ANALYSIS OF MANUFACTURING GROWTH


Navyashree, Prof. Honnappa.S
Karnatak University, Dharwad., Karnataka
Abstract
Industrial development is essential for achieving long term sustained economic growth and economic transformation. The manufacturing sector, with its widespread influence on various industries holds more crucial role to the economy than commonly perceived. This paper provides a brief comparative analysis of India and China‘s manufacturing sector using time series data from 1991 to 2023. China and India have adopted different development models. China's economic strategy emphasizes manufacturing for export, positioning the country as a global production powerhouse. India, conversely, has become increasingly integrated with the global economy by focusing more on domestic demand and the services sector. China’s strong focus on state investments and building infrastructure has made its manufacturing sector a global leader. Meanwhile, India’s slower reforms, which focus on opening up the market and reducing regulations, have led to a different growth pattern with a strong service sector and mixed results in manufacturing. The main objective of this study is to analyze the performance of India and China’s manufacturing sector, elucidating its economic significance, overall economic development and contribution to foreign trade.
Keywords: Manufacturing, Export, Trade, Industry, Development
Journal Name :
EPRA International Journal of Multidisciplinary Research (IJMR)

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Published on : 2025-09-16

Vol : 11
Issue : 9
Month : September
Year : 2025
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