World Economic Forum’s biggest prediction

World Economic Forum’s biggest prediction

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India GDPOn one hand, the economy of the whole world is troubled by recession and inflation. At the same time, the whole world is expressing confidence in the progress of the Indian economy. Now Borge Brende, President of the World Economic Forum, has said that India is moving fastest on the path to becoming a 10 trillion dollar economy in the coming years. In a special interview given to news agency PTI, he said that in all the major economies of the world indian economy Grows fastest. We saw in Davos this year that there is a lot of interest in India among other countries and I think this will continue in future also. He has also welcomed Indian Prime Minister Narendra Modi in Davos.

Read Also: The country’s largest government bank overtook IT giant Infosys, became the 5th largest company.

‘India is full of hope’

World Economic Forum President Borge Brende said that India is a country full of hope. The kind of hope you can feel in India is not felt in any other country. We are facing a geopolitical recession, a very fragmented and polarized world, but there are still areas where we can cooperate and it is important to explore those areas. Economic growth is not so bad. Especially in the case of India, where we are seeing an economic growth of seven percent. Also, America, the world’s largest economy, is performing very well. He said that India is on its way to becoming a 100 trillion US dollar economy in the coming years.

India went through important reforms

Borge Brende said that India has gone through important reforms. It is in a good position compared to the two largest economies America and China. Apart from this, India is seeing good growth in foreign direct investment. Now a lot of manufacturing activities are happening in India which used to happen in other emerging economies. He also praised India’s digital competitiveness and said that digital trade in the world today is growing much faster than traditional goods. India is in a good position and with time India will become the third largest economy in the world after America and China. Responding to a question on India’s role in dealing with geopolitical conflicts, he said that India will have a big impact on the global diplomatic landscape in the coming years.

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