ISRO denied having any race with China.. India has always denied having any kind of race with china,whether that is of arms, exports, natural resources, space or technology.
At the same time, we cannot ignore the comparitive between India and China. Lets start with basic facts:
|Total population||1.2 billion||1.34 billion|
|Area||3.3 Million Sq Km||9.7 Million Sq Km|
|GDP(nominal)||$1.9 Trillion||$8.25 Trillion|
|Per Capita (per person per year)||$1,592||$6,094|
|Now comes Military comparison|
|Active Personnel||1.325 Million||2.285 Million|
|Military Budget||$48.9 Billion||$114.2 Billion|
|Total Aircraft Strength||1,962||2,743|
|Armoured Fighing Vehicle||2,293||18,700|
|Self propelled Guns||330||2,500|
|Mulitple Launch Rocket System|
|Total Navy Ships||170||972|
|Amphibious Assault craft||16||228|
|Maximum Range of Missile 3||3,000 tested||13,000 tested|
There can still many parameters that can be compared. There are certain important points to be notes. India and China have been top importers of arms in last three years. what has changed is China has become fifth largest exporter of arms too (5 yrs ago, the export was nil).
India has always been in denial mode with regards to competition with China.