Brahma Chellaney has caused a lot of sensation in his book, "Asian Juggernaut, Rise of China, India & Japan." Here, he has tried to prove that India is failing to compete with China. DNA India reported:
“The Chinese government pursues commercial interests abroad just the same way the board of a large multinational company hunts for international opportunities," says the book.
Having already lost many bids for oil fields to Chinese companies in Africa and South America, the trend is likely to continue for Indian companies whenever they come in direct competition with them, unless India evolves an "integrated energy policy tied to its foreign policy."
The book is titled 'Asian Juggernaut' but it provides deep insight into the Chinese juggernaut that is likely to dominate future events in Asia.”
Interesting observations! Well, I guess many people in India would feel offended from this book and would try to prove that Brahma Chellaney is wrong. Well, it is a reality that Chinese companies have had decent amount of success in securing oil fields in many parts of the world. Indian companies are yet to put up any serious challenge to the Chinese companies in this regard.
Indian decision makers have to pay serious attention to the challenges that Brahma Chellaney has talked about. India has to become competitive and overtake China.
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