Our economy is surely $2 trillion but we have some govt debt. If Chinese product will keep coming like this then this debt will only keep on increasing. So,to reduce it India has to take stringent measures and tighten the noose for "unfair trade practice" like allowing State-subsidies for Exported products.That must be balanced by higher import duties and excise tariffs. India can't just keep on adding the burden.There are many ways to neutralize the Chinese monopoly.By 2025 India can have a booming manufacturing Industry that even world would envy.Indian labors are getting "skills" through state-sponsored schemes.Its the matter of time.Hope it passes soon.
your economy has a Debt-GDP ratio of 92%, that means you are litterally recessing instead of developing.
but don't take me wrong, I am not against india's development, I am just telling it from statistics.
Actually your GDP growth is a negative figure if taking off inflation, I don't know why you still so positive on next years forecast.
the thrid quater of GDP at market price is just 2.8% and your inflation rate is at a scary average 7.9%....
Chinese import greatly reduced your inflation, you are not even being thankful....