India and china

Walk into any mal-Mart and you won't be surprised to see the shelves brimming with Chinese-made goods-everything from shoes and garments to toys and electronics. But the ubiquitous "Made in China" label obscures an important point: Few of these products are made by indigenous Chinese companies. In fact, you would be hard-pressed to find a single homegrown Chinese firm that operates on a global scale and markets its own products abroad. Which ever country you visit there are cheaper versions made by china.so they are everywhere.
Can India comptete?

Population (2002): China 1.28 billion; India 1.05 billion

Population in Poverty (2002): China 10 percent; India 25 percent.
China exports herbal medicines worth $10 billion a year and India's exports of this product are hardly Rs 700 crore.

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