India becomes world’s sixth largest economy, muscles past France

India becomes world’s sixth largest economy, muscles past France

India has become the world’s sixth-biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017.

India’s gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France. The country’s economy rebounded strongly from July 2017, after several quarters of slowdown.

India, with a population of around 1.34 billion, is poised to become the world’s most populous nation, whereas the French population stands at 67 million.

This means that India’s per capita GDP continues to amount to just a fraction of that of France which is still roughly 20 times higher, according to World Bank figures. India maintains position as top IT exporter, lags in ease of doing business: Report Read More


One Response to "India becomes world’s sixth largest economy, muscles past France"

  1. Sufee Abdur Rasheed   July 11, 2018 at 2:57 pm

    A good news but with the little importance indeed.
    The poverty in India is a huge problem and people r suffering from day to day necessaries of life.People have not their own shelter and the down trodden population of India is 9 times more than France with almost 8 time per capta income.Other factories r not good to compete with that developed country.
    We have to go very far with hard work and reforms in the country.Figures do not matter.


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