India in the near future will be a strong competitor to China. There's a large population and cheap labor. India now makes its first attempts to master high technologies. Maybe even they will deal with Bitcoin mining
Even china has largest population in the world and they have one of the cheapest labors in the world ,the problem with india is that we dont have much innovations going on here,we dont have much jobs to offer and we are not making any new jobs either,if you look at china they have a very big manufacturing industry ,be it legal or illegal they supply their products all over the world.