# Summary:
– India recently surpassed China as the most populous country on Earth.
– India lacks the same intensely focused economic agenda as China, leading to fewer “Made In India” goods at Walmart.
– Volkswagen and VinFast are taking different approaches to enter the electric car market in India.
## Volkswagen’s Approach:
– Volkswagen is focusing on joint ventures and partnerships with local Indian companies to produce electric cars.
– The company aims to launch affordable electric cars tailored to the Indian market.
## VinFast’s Approach:
– VinFast, a Vietnamese company, is planning to set up a manufacturing plant for electric vehicles in India.
– The company has ambitious goals to manufacture electric cars and batteries in the country.
### Author’s Take:
India’s ascent as the most populous country highlights its potential for economic growth, yet its unique approach to development differs from China’s. As Volkswagen and VinFast gear up to penetrate the Indian electric car market, their diverse strategies signal a dynamic shift in the automotive industry. This move not only taps into India’s burgeoning market but also reflects the country’s growing significance in the global economy.
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