India’s economy set to overtake Germany and Japan
Emerging superpower India, now the world’s fifth largest economy, is set to overtake Germany and Japan as the third largest economy. India last month overtook China as the world’s most populous country, with a population the UN estimates will reach 1.428bn by next couple of months. India might profit from the demographic dividend of its still youthful population at a time of global business’s post-pandemic realignment of supply chains away from China. During its G20 presidency, Modi’s government has championed the notion that India’s moment as a leading world economy has arrived. The critics, however, point out that India has … Continue reading India’s economy set to overtake Germany and Japan
