Thread: India's Influence on The World Economy

Americanizing India! People are becoming crazy about malls, chain stores etc in india. this is nothing but the influence of the world economy on india's economy. The trend of chain stores, malls, chain restaurants is rapidly picking up pace in India. Many large chain stores are selling goods below retail price which is why the average vendor is suffering.

India's Emergence As 3rd Biggest Global Economy:

Experts estimates India's contribution in world GDP would increase from 6-11% by 2025, while US contribution is assumed to decline from 21-18%. This means India is going to emerge as 3rd largest global economy after US, China. This evaluation is mainly supported by development of Indian Industry Sector.

World Economy is greatly influenced by the Indian economy as many of the foreign countries have started investing in India. If Indian economies go down, they would be largely hit and have an indirect impact on their economies. However in my view the main influence lies with the Arab nations which are the suppliers of crude oil, empowering almost all the working machinery around the world.

World's economy is imensly influenced by the Indian economy as now-a-days there is a lot of foreing investments done in India. Since India is a developing nation and has the capabilty to become the World's largest economy, it has a great impact on the world's economy. The FDI in retail is another boost to the Indian economy and as a result influences the global economy.