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India becomes world's sixth largest economy

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has become the world's sixth largest economy, surpassing into seventh place, according to updated figures for the year 2017. India's (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for The has projected India's GDP growth at 7.3% in FY2018-19. In a recent update, the noted that growth in is projected to accelerate to 7.3% in FY2018-19 and 7.5% on an average in 2019-20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 11 2018. 14:18 IST
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