Ian Bremmer has predicted that India will become the fourth-largest economy in the world by next year and the third-largest by 2028.
American political scientist and global political risk consultant, Ian Bremmer, speaking exclusively with NDTV Profit, said India has underperformed for decades despite its "incredible demographic weight" and "very strong intellectual capital". Mr. Bremmer is the founder of the Eurasia Group, a risk and research consulting firm. "The world has seen that India has underperformed for decades. India has incredible demographic weight and very strong intellectual capital... so many American CEOs come from India. Yet India, as an economy, underperformed," he said. "We see growth picking up," he noted, projecting that India will become the fourth-largest economy in the world by next year and the third-largest by 2028. He also highlighted India's growing influence on the global stage, suggesting that the country is increasingly defining its international relationships. "India as it becomes more powerful, is defining itself in terms of friendship with the rest of the world...as a bridge to engage in stronger and more stable relations as the leader of the Global South and even stabilising to a limited degree, the Indian relationship with China in recent days," Mr. Bremmer said. #ianbremmer #politicalnews #economy
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