MULTI-DECADAL INVESTMENT OPPORTUNITY
The World’s 6th Largest Economy by Nominal GDP
The economy of India is characterised as a middle income developing market economy. It is the world’s sixth-largest economy by nominal GDP and the third-largest by purchasing power parity. The GDP per capita is currently quite low at US$2,100 (as of 2019).
The long-term growth perspective of the Indian economy remains positive due to its young population and corresponding low dependency ratio, healthy savings, and investment rates, increasing globalisation in India and integration into the global economy.
