The Power of Indian Economy

The Power of Indian Economy

GDP Nominal 2015

Today India's economy is  the 7th biggest economy of the world. India's GDP (Nominal) is $2.3 trillion in 2015. France is secure 6th rank with GDP $2.4 trillion and expects India will overstrip the rank and secure the 6th rank at last this year.

GDP (PPP) 2014

India's GDP (PPP) is $7.37 trillion, which is 3rd highest of the world. PPP means (Purchasing Power Party).

History :-

In first century India was the boss of the world. Only India takes 34% of GDP of the world. 

In 10th century to middle 17th century India was suffered victimisation and Despoilment of the Mugal Kingdom.

And In 17th century to till India's freedom British kingdom was distroyed the Indian economy. They despoil the Indian resources specially Gold, Silver, precious metals and stones, with world biggest diamond (Kohinoor). If you see the graph, you noticed that the fall of Indian economy and at same time W.Europe was grow up (in 1700 to 1947).

And In 1947 to present India was trying to recover his losses and grow up.

Future:-

In 2050, expects India will secure the 2nd position of the world's economy.

GDP in 2020 (billion in USD)

GDP (nominal) 2014 to 2030.