Economic power shift: Competition between India and China to become Superpower

The new truth of the 21^st century is that the Western countries are losing their dominance over Asian countries in terms of economic power and consumer market. The researchers, economists and business students believe that India and China will become emerging power by 2050. There has been a steep decline in power of Western countries and that power is shifting towards Asian countries. There has been intense debate between the researchers. Few believe India will become superpower and others believe China will become superpower by 2050. In this paper the authors will try to find the answer of the question whether India or China who will become superpower. The writers will try to see the question on the basis of labour conditions in two countries.