India to Secure Third Place Behind US, China in Next Five Years: Report

India will make a significant strides in the global trade over the next five years, contributing about 6 per cent in the world's trade growth.

- TDG NETWORK

India will make a significant strides in the global trade over the next five years, contributing about 6 per cent in the world's trade growth, just behind China at 12 per cent and the United States at 10 per cent, as per a joint report by DHL and the New York University Stern School of Business.

The latest DHL Trade Atlas 2025 anticipates that in five years, India will retain its third-place rank on the scale dimension as well as jump 15 spots to the 17th position on the speed dimension as its compound annual trade volume growth rate rises from 5.2 per cent to 7.2 per cent.