Will India remain way behind China

-Population

In 2020, the estimated total population in India amounted to

approximately 1.38 billion people. India currently has the second-
largest population in the world and is projected to overtake top-ranking
China within forty years.
The census showed that in 2020, China's population reached 1.412
billion people. That's an increase of about 72 million.
-Per Capita Income

India: GDP per capita at current prices in 2020-21 is estimated at $3.05

trillion whereas;
China Gross Domestic Product (GDP) per Capita reached 14.72 trillion
USD in Dec 2020
-R&D

is majorly exploited in China, I.E., China’s spending on research and

development climbed 10.3% in 2020; accounted for 2.4% of China’s gross
domestic product.

-In India, it’s spending is  approx.₹14,000 crore in 2020-21, which

accounts for about 0.7 per cent, much lower than the target of 2 per cent.
So, this represents that India lags behind china, but it is taking efforts to
move ahead of china, through r&d, fdi/fii’s, startups, venture capital funding,
equity investment, and further economic development in forthcoming years.