NEW DELHI: India to become third largest economy in the world in the next 10-15 years, Finance Minister Nirmala Sitharaman said. (AP)
India will become the world’s third-largest economy in the next 10-15 years, Finance Minister Nirmala Sitharaman asserted on Friday while attending an event with US Treasury Secretary Janet Yellen, who is on a day-long visit to India.
Sitharaman said India has emerged as one of the fastest-growing major economies in the
India has recently surpassed the UK to mbecome the fifth-largest economy in the world and is expected to be one of the top three economic powers globally over the next 10-15 years, she said.
Earlier in the day, Sitharaman on meeting Yellen noted the importance of the indo-US relationship, saying, “India deeply values its relationship with the US as a trusted partner…”
“Our strong ties have been reinforced, through significant and frequent interactions between Prime Minister Narendra Modi and US President Joe Biden and their commitment towards consolidating a strategic partnership.”
During the meeting, both sides discussed issues of mutual interest, including climate finance, multilateral issues, India-US cooperation at G20 under India’s presidency, taxation, supply chain resilience, global economy and macroeconomic outlook.
India-US economic ties are getting stronger and deeper with time. Yellen is in India to participate in the US-India Economic and Financial Partnership (livermint.com)
