Comparing urbanization in China and India - McKinsey Quarterly - Economic Studies - Country Reports

The McKinsey Quarterly published an article by Richard Dobbs and Shirish Sankhe in which they compare urbanization in China and India. The nice thing about consultants - also these ones - is that they love figures. Some excerpts of the article:

from 2005 to 2025, India will need to add 700 million to 900 million square meters of floor space a year; in China, the required numbers could be 1,600 million to 1,900 million square meters.

..and..

During the same period, India will need to add at least 350 to 400 kilometers of metropolitan railways and subways annually, while the corresponding number in China will be closer to 1,000 kilometers.

..moreover..

While India spends $17 per capita on capital investments in urban infrastructure annually, China spends $116.

But there is also more qualitative analysis:

While India has barely paid attention to its urban transformation, China has developed a set of internally consistent practices across every element of the urbanization operating model: funding, governance, planning, sectoral policies, and the shape, or pattern, of urbanization, both across the nation as a whole and within cities themselves.

Read the whole article here: Comparing urbanization in China and India - McKinsey Quarterly - Economic Studies - Country Reports.