I still believe that population should be controlled.Whatever developments/resources India gets are easily & quickly siphoned off ue to the excessive population.We should be more concerned about managing our resources and giving all citizens a decent living , instead of caring for the MNC investors/businessmen.
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I think it is a blessing not only for the reason you have mentioned. The percentage of Indians, who are pushing India towards glory, is very small. But due to our huge population this small percentage translates into a huge figure in real terms. Without this minimum critical figure the country would have lacked the power to rise so fast. Secondly, because of so many children being born, we are a young country. On the other hand, Chinese population will start aging soon(and thus reduce their productivity)
Regarding your question, I think that it is a blessing because every country needs a USP, which it can leverage to further its interests. Just as Pakistan is taking advantage of its strategic location, we have the advantage of our huge population.