Speaking Of Asia

India’s economy is approaching escape velocity

A confluence of developments is spurring investor interest and growth.

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.

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