Although India has lagged behind China since both countries opened up to the world in the 1980s, the Indian government is now taking steps to finally challenge its biggest economic competitor. ---For the latest political news, analysis, charts, and dispatches from around the globe, sign up for Balance of Power, a daily newsletter from Bloomberg Politics: https://bloom.bg/300BJ6d #India #China #BloombergQuicktake Like this video? Subscribe: null Become a Quicktake Member for exclusive perks: null Subscribe to Quicktake Explained: https://bit.ly/3iERrup QuickTake Originals is Bloomberg's official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel QuickTake News for breaking global news and insight in an instant.