Amidst a challenging global scenario, India has emerged as a significant economic and geopolitical power. Its actions in the coming year could lay the groundwork for the country to become the world’s third largest economy in the next five years and a developed nation by 2047, setting an example on inclusive, sustainable economic growth, digital development and climate action.
India became the world’s fifth largest economy last year, according to data from the IMF’s October World Economic Outlook. When ranked by nominal GDP, the country leapfrogged France and the UK.
India’s space economy stands on the cusp of a major expansion, fueled by a strategic vision that blends government leadership with private sector innovation. With ISRO continuing to push the boundaries of advanced research and space exploration, and IN-SPACe facilitating inclusive private sector participation, India is well-positioned to ...
1) The economy’s slowing but it’s still among the world’s fastest-growing India’s central bank says growth is set to slow, due to a weakening of domestic and external demand, and that prompted it to revise down its growth projections for the year 2019-20 to 6.9% from 7%.
The AI for India 2030 initiative provides a structured approach on how to integrate artificial intelligence across the country''s socio-economic fabric.
India is at the intersection of an air pollution crisis and a demographic transition, with major implications for healthcare, productivity and the economy.
India joined key discussions around global challenges, including the transition to clean energy and AI governance at Davos 2024, the Annual Meeting of the World Economic Forum in Switzerland. The country stands to benefit from ongoing efforts by Western economies to diversify supply chains and strengthen partnerships among democracies. How can it keep up the momentum around economic growth and ...
The following 10 mega trends for India in 2030 can help businesses and policy leaders envision the India of the future. The trends draw upon the research and consumer survey conducted by the World Economic Forum and Bain for the Insight Report on the “ Future of Consumption in Fast-Growth Consumer Markets: India ”.
This suggests that, in productivity terms, the US outperforms its European cousins. Even more interesting, if California were inserted into the world ranking by GDP according to country, it would come sixth – ahead of France, India, Italy and Brazil. But California is not the only state with a strong economy.
