[Oyk]

There are even younger pop countries, that does not ensure all will be successful

If India can do what China did, building own product and services etc then they have a chance
but do you think other countries will allow India to duplicate what China has done.
US, Jap , Ger all want to build their own chips , no one say they will import India chip
Then what is India chance of exporting its own plane? car?
Pharm they are consider big player but low margin and needs to improve quality.
If India cannot even have its own  ERP, word processing, social media then rest will be even more
harder. 
Mind that India have more people to feed when developed countries already face pension protests.
It is not 1990s 2000s 

So India need at least 20 years of peaceful and find workable development plan.

China's growth and journey toward modernisation, as I said earlier, was fuelled by low-cost manufacturing and tourism, the latter being extremely lucrative since it cost very little to let peepur enter the Forbidden City, amongst many other scenic places, to take some wefies and KLKK (walk here walk there) but the ticket sales brought in plenty. India cannot compete with China on tourism,

The Chinese miracle is overrated as was the Singaporean miracle. China learned from Singapore, at least in its early days after opening up. Both countries were poor, and both found factory jobs for their people making low-valued-added things.  There's really nothing we did which other countries including India cannot do.  There's no miracle. It was the rest of the world that made both of us better off by giving us jobs, that's all.

As I said, China's competitive advantage is no longer as a factory of the world for the production of cheap consumer goods.  When China opened up, wages there were like US1 per day.  PS:  No typo error here.  Every country rushed in for that....which company wouldn't want such dirt-cheap workers.  Now?  If you pay the Chinese that today, you'd get a middle finger from them.  They'd tell you to go and get fug.

India would be the next destination.  If you compare what Chinese FWs....I wrote FWs, not FTs......are earning in Singapore (about $2000 a month excluding overtime) and what Indian FWs earn (about $700 excluding overtime), you'd know which country is the next low-cost factory, and why even Chinese companies are setting up shop in India, for the same reason as why Singaporean food companies relocated to Malaysia.

Your argument that the US, Japan, Germany also want to make chips applies to China as well.  You think they are happy and willing to let Taiwan (a Province of China) be a leader in making chips?  No man.  If they could do it cheaply, they would swallow that as well.  

You mentioned ERP which for a short period of my life, I had thought you'd meant our road...you know the Electronic Road Pricing which made wealthy car owners very dulan with PAP....then I reclaimed my life and thought, ah! you must be referring to Enterprise Resource Planning.  Eew.  You are still using terms that once were popular in the 90s,  I'd assume that you are a retiree who has left the job market for a long time by nao..and time has stood still for you.  We are nao in the age of generative AI.  If Death is the equalizer in Death, then Gen AI is the equalizer in Life.  It's because of A1, a more atas term which is set to replace the term IT which replaced the term Computer Science, that enabled China to (arguably) overtake the US in some ways, notably in the development of 6G technology.   In this area, I would not underestimate the Indians.