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India likely to be fifth largest economy in 2018

India's ascent is part of a trend that will see Asian economies increasingly dominate the top 10 largest economies over the next 15 years

Agencies  |  London 

India looks set to leapfrog Britain and France next year to become the world’s fifth-largest economy in dollar terms, a report showed on Tuesday. The Centre for Economics and Business Research (Cebr) consultancy’s 2018 World Economic League Table painted an upbeat view of the global economy, boosted by cheap energy and technology prices.

India’s ascent is part of a trend that will see Asian economies increasingly dominate the top 10 largest economies over the next 15 years. “Despite temporary setbacks ... India’s economy has still caught up with ...

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First Published: Wed, December 27 2017. 01:34 IST
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