Currently, India ranks fifth in terms of GDP size, following the US, China, Germany, and Japan. India surpassed the UK in 2022 to attain this position.
Just ten years ago, India's GDP ranked eleventh globally. Presently, India's GDP is estimated at approximately USD 3.7 trillion.
Some highlights of India's journey to the top 5 economies of the world in 2024 from Fragile 5 in 2013, according to Kant, among others, record GST collection, over 8 per cent GDP growth in the past three quarters, trading in Indian currency Rupee with various countries (to be precise 27), inflation at manageable levels.
Esta historia es de la edición May 13, 2024 de The Business Guardian.
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