INDIA WILL OVERRUN OTHER COUNTRIES
AS THE NEXT SUPERPOWER !!
MUMBAI (Commodity Online): India will be the leading global economic superpower in 20 years, according to more than half of the respondents in an unprecedented new survey of Indian entrepreneurs and senior managers.
India is already moving up economic league tables with the 12th largest economy in the world, according to the World Bank.It also ranked 45th in the internationally respected 2009 Legatum Prosperity Index (www.prosperity.com) - which embraces social and political data to provide a wider measure of national success . Total Indian GDP has risen 193% per cent in the past decade, from USD 416 billion in 1998 to USD 1.22 trillion in 2008.
According to respondents in the new survey of Indian entrepreneurs and business managers, India is now on course to outstrip the USA, Japan, Germany and the fast-emerging economic giant of China over the next two decades.
In the first survey of its kind, the London-based independent think-tank Legatum Institute (www.li.com) commissioned pollsters YouGov to question nearly 2,400 Indian entrepreneurs, senior managers and aspiring entrepreneurs.
The survey revealed startling levels of confidence among the country's wealth-creators with nearly nine in ten saying that they expected India to be in a stronger economic position in five years. Only one in five said that the world economic crisis had badly affected business in India.
More than half the respondents (53 per cent) were extremely bullish about the future, saying they expected India to be the world's most important economic power by 2030.
AS THE NEXT SUPERPOWER !!
MUMBAI (Commodity Online): India will be the leading global economic superpower in 20 years, according to more than half of the respondents in an unprecedented new survey of Indian entrepreneurs and senior managers.
India is already moving up economic league tables with the 12th largest economy in the world, according to the World Bank.It also ranked 45th in the internationally respected 2009 Legatum Prosperity Index (www.prosperity.com) - which embraces social and political data to provide a wider measure of national success . Total Indian GDP has risen 193% per cent in the past decade, from USD 416 billion in 1998 to USD 1.22 trillion in 2008.
According to respondents in the new survey of Indian entrepreneurs and business managers, India is now on course to outstrip the USA, Japan, Germany and the fast-emerging economic giant of China over the next two decades.
In the first survey of its kind, the London-based independent think-tank Legatum Institute (www.li.com) commissioned pollsters YouGov to question nearly 2,400 Indian entrepreneurs, senior managers and aspiring entrepreneurs.
The survey revealed startling levels of confidence among the country's wealth-creators with nearly nine in ten saying that they expected India to be in a stronger economic position in five years. Only one in five said that the world economic crisis had badly affected business in India.
More than half the respondents (53 per cent) were extremely bullish about the future, saying they expected India to be the world's most important economic power by 2030.
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