New Delhi CNN —India’s economy is like an elephant.
India’s economy is currently worth nearly $3.5 trillion, making it the world’s fifth largest.
“India’s economy is comfortably placed to grow at an annual rate of at least 6% in the coming few years,” Barclays said.
But even as India’s heft is increasing, it is far from recreating the economic miracle China unleashed decades ago.
It will, no doubt — though it won’t be enough to shield the world economy should China’s economy stumble badly,” they added.
Persons:
Narendra Modi, ”, Eswar Prasad, Modi, Prasad, Ludovic Marin, Mukesh Ambani’s, Gautam Adani’s, Willy Shih, Frederic Neumann, Justin Feng
Organizations:
New, New Delhi CNN, Economic, Cornell University, International Monetary Fund, China, Barclays, IMF, ” Barclays, Hindustan Times, Modi, bonanza, Unified, Bharat, Getty, Bank, Mukesh Ambani’s Reliance Industries, Apple, Harvard Business School, HSBC
Locations:
New Delhi, India, Switzerland, Davos, ”, ’, China, ” New Delhi, Sewri, Mumbai Bhushan, AFP, Beijing, Washington