With these figures, I don't know how you can claim that India is growing faster than China. And I don't expect India to overtake China, unless they eliminate the bureaucratic red tape and corruption.
Bureaucratic red tape and corruption are very much in mainland China as well. They need govt permission even to launch a website!
are you claiming that india is a corruption free land,indian government is one of the most corrupted in the world,industrial growth is hyped,labor rules are just bogus and still pointing fingers at china ,the Chinese are hard working people ,if you can check most of the products you use are from china
You are correct.
Just looking at India's position on the ease of business index. The regulatory hurdles, fickle and archaic laws, ever changing stance of government towards businessmen is enough to make sure capital is NOT invested which leads to lower employment, disguised unemployment.