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India on the road to success: soon to be the world's third largest economic power!
Jim O'Neill highlights India's emergence as the third largest economy, central to the changing BRICS alliance.
India on the road to success: soon to be the world's third largest economic power!
The BRICS alliance has gained considerable momentum in recent years and a sovereign India is on the verge of becoming the third global economic power! Jim O’Neill, the architect of the BRICS idea, said in a recent interview according to information from watcher.guru shared his views on future developments. He emphasizes that with its rapid growth, India is on track to overtake countries like Japan and Germany and emerge as a leading BRICS member.
The BRICS group has been toiling away for two decades and is now shining more than ever in the global economic landscape. While many talk shop about “de-dollarization,” India could emerge as the real force in the alliance. O'Neill says its youthful population is an asset in the burgeoning economic game. And with a global trading relationship that is comparatively small, India may even be spared from the threat of trade barriers if Trump actually returns to the White House. No matter, Modi and India are the hottest partners in G7 and BRICS alike. Don’t just talk, do it – that’s the motto for aspiring India!