Monday, February 06 2023

December 29, 2017

India to become fifth-largest economy in dollar terms

Despite temporary setbacks, India’s economy has still caught up with that of UK and France and next year, will overtake both of them said Deputy Chairman of Centre for Economics and Business Research, Douglas McWilliams.India is set to leapfrog France and UK next year to become the world’s fifth-largest economy in dollar terms.Mr Douglas said, India’s ascent is part of a trend that will see Asian economies increasingly dominate the top 10 largest economies over the next 15 years.