America and China will be left behind, India will rule the world, USISPF chief hails India


 
 

India's economy is growing at a rapid pace. The world's fifth largest economy is rapidly moving towards becoming the world's third largest economic power by 2030, surpassing Germany and Japan. If this happens, only China and America will be ahead of it.

Indian Economy: India's economy is growing at a fast pace. The world's fifth largest economy is rapidly moving towards becoming the world's third largest economic power by 2030, leaving behind Germany and Japan. If this happens, then only China and America will be ahead of it. Most of the world's big economies are slowing down, but India is moving ahead with its full strength. The world has now acknowledged India's strong economy. John Chambers, President of the US-India Strategic Partnership Forum, said something heartening about India's economy. 

He claimed that India will overtake China and the United States in key economic parameters. Speaking at the India Leadership Summit 2024 organised by USISPF in New Delhi, John Chambers said that India can overtake the US and China. He praised the rapid pace of India's economic progress under the leadership of Prime Minister Narendra Modi. Chambers

said that the important moment was when President Biden and Prime Minister Modi met in Washington and announced that this is the most strategic partnership ever. The USISPF President said that in terms of GDP per capita income growth, India will be almost 100 percent bigger than China and 33 percent bigger than the US. The standard of living and overall development here will surpass any other country in the world. Chambers stressed, 'This is India's century. He further said that by working together with the US, leaders from business, government, education can become a model for global development. 

The USISPF chairman further predicted that through a strong US-India partnership, 'we can potentially increase India's GDP growth by two percent annually and increase US GDP growth by one percent. The USISPF summit comes after Prime Minister Modi's successful visit to the United States. The event aims to strengthen bilateral trade, boost supply chains, semiconductor investments, artificial intelligence and next generation technology collaboration.