India has become the world's sixth largest economy, surpassing France into seventh place, according to updated World Bank figures for the year 2017. India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France. The World Bank has projected India's GDP growth at 7.3% in FY2018-19. In a recent update, the bank noted that growth in India is projected to accelerate to 7.3% in FY2018-19 and 7.5% on an average in 2019-20.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)