What does Indian diversification mean for China enterprises and investors?

? For China enterprises and investors, the diversification of India means the complexity of the Indian market, but it also means that India will have huge development space in the innovative economy.

Chinese companies will think that India's market is more complicated because Chinese companies are not easy to adapt to India's complex market. But from the perspective of American and European enterprises, India is not so complicated by comparison, because they are countries with complex social attributes.

India's complexity will make it more innovative. We can see some clues from the CEOs of some large technology companies, such as Microsoft, Google and Nokia. In fact, they are all Indians. These people immigrated from India to live in the United States, and they are not native Americans. It is precisely because of the subtle influence of India's diversity that these people can more easily take charge of American technology enterprises. Therefore, if the diversity of India is regarded as having corresponding innovation ability, then if China enterprises and investors can adapt to the Indian market, then this is definitely not a disadvantage.

This is why many people think that India will become the third largest economy in the future, not only because India has the second largest population in the world, but also because of its own social system and its complexity, which may make India the fastest growing economy in the future.

Facts also show that India does have a lot of room for growth. Just last year, India surpassed Britain and France to become the fifth largest economy in the world. However, due to the impact of the COVID-19 epidemic this year, the global economy has shrunk, and the Indian economy may also shrink by 4.5% this year.

India's complexity makes it truly innovative. A society wants to make progress, and a country wants to be bigger and stronger without innovation. Especially in this ever-changing society, it is most important to keep up with the trend and even lead it. India is a pluralistic society, composed of many people and having different languages. Although India's diversity in infrastructure makes its power not concentrated enough and leads to inefficiency, it has great advantages in innovation.

Therefore, China enterprises and investors interested in India can wait and see how India will cope with the global economic crisis and how much potential and prospects India has in the global supply chain. Finally, choose whether to invest in India.