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Speaking Of Asia
India’s economy is approaching escape velocity
A confluence of developments is spurring investor interest and growth.
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India now has the world’s third-biggest economy measured by purchasing power parity, and is projected to have the same standing in nominal GDP by 2027.
PHOTO: EPA-EFE
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There was a time when the investing world used to joke that INDIA stood for I’ll Never Do It Again.
Lately, the Nike motto seems more appropriate to the approach it is taking: Just do it.
