Indian economy might topple US by 2050, but workforce quality remains concern

NEW DELHI: Global energy, economic and strategic, is moving eastwards. The Asia-Pacific region is home to three of the world’s four largest economies and via 2025 two-thirds of the worldwide population will reside right here.

Despite america’s waning energy, with its diplomatic ties and economic strength, it beats all other Asia-Pacific countries on affect held in the region. A Lowy Institute document on 25 Asia-Pacific countries displays essentially the most influential countries in the region. At fourth in the score, a look at the place India stands and why…

ASIA-PACIFIC COUNTRIES MOST INFLUENTIAL


For every country, 114 signs on economy, army, international relations and cultural affect were measured to calculate the index ranking, which displays how influential every country is relative to the others.




INDIA SCORES IN SIZE OF ECONOMY AND GROWTH POTENTIAL

The GDP hole with China appears laborious to bridge, but India is also moderately just about US in 11 years and bounce significantly forward via 2050




BUT INDIA INC HAS CATCHING UP TO DO…

A low score in productivity and R&D spends indicates India’s inability to leverage assets and manpower




INDIA ALSO LAGS MAJOR ECONOMIES IN TRADE










Indian economy might topple US by 2050, but workforce quality remains concern Indian economy might topple US by 2050, but workforce quality remains concern Reviewed by Kailash on September 19, 2018 Rating: 5
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