India to lead growth in post pandemic global economies

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!

Author: Stephen Manallack

Former President, Australia India Business Council, Victoria and Author, You Can Communicate; Riding the Elephant; Soft Skills for a Flat World (published by Tata McGraw-Hill INDIA); Communicating Your Personal Brand. Director, EastWest Academy Pty Ltd and Trainer/Speaker/Mentor in Leadership, Communication and Cross Cultural Communication. Passionate campaigner for closer western relations with India. Stephen Manallack is a specialist on “Doing Business with India” and advisor/trainer on “Cross-Cultural Understanding”. He is a Director of EastWest Academy Pty Ltd which provides strategic advice and counsel regarding business relations with India. A regular speaker in India on leadership and global communication, his most recent speaking tour included a speech to students of the elite Indian university, Amity University, in Noida. He also spoke at a major Federation of Indian Chambers of Commerce and Industry (FICCI) global summit, the PR Consultants Association of India in Delhi, the Symbiosis University in Pune and Cross-Cultural Training for Sundaram Business Services in Chennai. He has visited India on business missions on 10 occasions and led three major trade missions there. He provides cross-cultural training – Asia and the west.

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