Austrade’s Ashley Brosnan has the stats and facts at his fingertips and he is certainly bullish on the future of India:
No longer just ‘rising’, India is now a significant and influential global player. India has recorded strong economic growth over the past 4 decades to become world’s third largest economy in terms of purchasing power parity (PPP).
Following the pandemic, rapid growth is set to resume. The Indian economy is projected to expand by an average annual real rate of 5.8% from 2021–2040, which is faster than the global average and the average for the Asia-Pacific region.
Take a look at this chart!