"India is likely to comfortably maintain a faster growth rate than China over the next few years. The most pessimistic forecast for growth next year in India matches the most optimistic figure for China - 7 percent.
India's economy is expected to expand 7.5 percent in 2015/16 and at a slightly faster 7.8 percent in 2016/17, the same as forecast in a poll three months ago.
China and India are both growing rather strongly and China, in particular has a strong consumer economy (see Nike's results the last two quarters where they are doing quite well there). I do not know how consumers are doing in India but overall growth implies that the consumer should be doing at least okay.
China's stock market and manufacturing aren't doing that well. They let the stock market get too high and air is getting let out. Their currency is another problem. Estimates are that they need to devalue by 15-20 percent and it's hard to see how they can do that without causing global market disruptions.