According to the report, India and emerging Asia are poised to account for 30 per cent of global consumption at ...

India and emerging Asia are poised to account for 30 per cent of global consumption at purchasing-power parity by 2050 ...

The Government of India launched the Make in India program in 2014 for promoting India as manufacturing hub and rolled out ...

The Indian economy, expanding at a breakneck pace, now ranks among the top five largest economies globally. Despite this, ...

India is projected to account for 16 per cent of global consumption at purchasing power parity (PPP) by 2050, up from 4 per cent in 1997 and 9 per cent in 2023 according to World Data Lab, a McKinsey ...

Despite this, however, it grapples with a relatively low per capita share. India’s sizeable overall GDP is diluted by its large population. Even in terms of GDP per capita based on purchasing power ...

That is where PPP penetrates to make a fair comparison. PPP stands for Purchasing Power Parity and considers the local costs and inflation rates to give a more accurate picture of the standard of ...

According to a report by World Data Lab, India is projected to account for 16% of global consumption at purchasing power parity (PPP) by 2050. This will be up from 4% in 1997 and 9% in 2023. World ...

Hyderabad: India’s economy has done well. Better days are ahead, and not behind. The nation has emerged as the third largest economy in purchasing power parity. India accounts for about 10 per cent of ...

The McKinsey Global Institute reports a shift in global consumption patterns from the West towards India and emerging Asia. By 2050, these regions are projected to command 30% of global consumption.