The new Fortune Global 500 has just been published, listing the 500 largest companies in the world. China has 129 on the list, but India has only seven. Only seven! For a country that aims to become a superpower by 2020 and aspires to surpass China, India has only measly seven companies listed. Moreover, China has three companies in the top 10 and 23 in the top 100, but India's largest company is ranked at a lowly 106th.
What explains such an enormous disparity? Not so long ago, India was so very confident of quickly surpassing China. What happened? Can anyone explain this to me?
Fortune Global 500
What explains such an enormous disparity? Not so long ago, India was so very confident of quickly surpassing China. What happened? Can anyone explain this to me?
Fortune Global 500