Indian Brand Equity Foundation expects the Indian economy to be one of the top three economic powers of the world over the next 10-15 years, backed by its strong democracy and partnerships. Market Size: India’s nominal GDP growth rate is estimated at 12 percent in 2019-20. The estimate for 2018-19 was 11.5 per cent. During Q2 of 2019-20, GDP (at constant 2011-12 prices), GDP stood at Rs 33.16 lakh crore (US$ 474.46 billion) showing a growth rate of 4.3 percent over the corresponding quarter of the previous year. India has retained its position as the third-largest startup base in the world with over 8,900-9,300 startups, with about 1,300 new start-ups being founded in 2019, according to a report by NASSCOM. India also witnessed the addition of 7 unicorns in 2019 till August, taking the total tally up to 24. India's labor force is expected to touch 160-170 million by 2020, based on the rate of population growth, increased labor force participation, and higher education enro
Geetika Sachdeva
India has emerged as the fastest growing major economy in the world and is expected to be one of the top three economic powers of the world over the next 10-15 years, backed by its strong democracy and partnerships.Read and learn how you can benefit with the ever growing economy of India.