Is India on track to become a global economic superpower?
The country’s sheer size gives it momentum, but demography is not destiny
AS INDIA celebrated its 80th Independence Day on Saturday (Aug 15), many believe that the country’s time to become the world’s next superpower, alongside the US and China, has come.
However, the path there may be much rockier than is widely expected.
To be sure, New Delhi’s rise in recent decades is impressive and has already shifted the tectonic plates of global economics and politics.
TRENDING NOW
Asia-Pacific aviation: is up really the only way?
Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies
Why disciplined stewardship matters when managing wealth in uncertain markets
More than 15,000 sign up for national accounting body’s AI programme in two months