BusinessIndia Is World's Sixth-Largest Economy, Beats France
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India Is World's Sixth-Largest Economy, Beats France
India's GDP amounted to $2.597 trillion at the end of last year
Manufacturing and consumer spending were the main drivers of the economy
According to IMF, India is projected to generate growth of 7.4% this year
India, with around 1.34 billion inhabitants, is poised to become world's most populous nation.
India has become the world's sixth-biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017.
India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.
India's economy rebounded strongly from July 2017, after several quarters of slowdown blamed on economic policies pursued by Prime Minister Narendra Modi's government.
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