PM Modi highlights Mark Mobius’ ‘love for India’; says renowned global investor believes 50% should be invested in Indian stock market
“Of course conditions will change over time and there may be a time when other countries begin to look attractive, such as China. But I think it is important to remember that the Indian growth path is not short-term. It is a long-term development that will continue for many years. So, India is the place to be,” Mobius had told ET Now.
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Citing Mobius’ view, PM Modi, speaking at the NDTV World Summit, said, "Mark Mobius is one of the many persons who loves India. His excitement about the opportunities here speaks volumes. When he suggests that global funds should invest at least 50% in the Indian stock market, it carries a significant message," Modi said, underlining the vast opportunities available for global funds to benefit from India's robust market.
PM Modi also mentioned that several agencies have revised their growth forecasts for India upward, attributing this to the swift progress made by his government during its third term.
In the past 125 days, the government has approved the construction of 3 crore new homes for the underprivileged and initiated infrastructure projects worth Rs 9 lakh crore, Modi said.
He further highlighted that amidst global uncertainties and challenges, India has emerged as a beacon of hope for the world. Despite facing its own difficulties, India's positive outlook has propelled the nation forward, even in the face of global tensions.
Moreover, Modi noted that India's growth is occurring at an unprecedented scale across all sectors, making it a topic of discussion and optimism in the context of the "Indian century," even as the world grapples with various concerns and instabilities.
The Indian economy, which is the fastest growing major economy in the world, is all set to become the 4th largest economy in the world in 2025 as per IMF’s nominal GDP predictions.
Top 10 Largest Economies In The World 2025 By GDP: India is the fastest growing major economy in the world, but did you know that the Indian economy is set to achieve another big feat in 2025? According to the IMF's World Economic Outlook, India is set to overtake Japan to become the world’s fourth largest economy in 2025! Which will be the world’s top 10 largest economies in the world in 2025? What will be the nominal GDP of the United States, China, Germany and other major economies. When will India become the world’s 3rd largest economy? We take a look at the world’s top 10 largest economies 2025 list: (AI image)
Top 10 Largest Economies In the World 2025: United States of America will continue to be the world’s largest economy in nominal GDP terms in 2025, according to IMF projections. The US GDP is expected to be $29,840 billion in 2025, as per the IMF. (AI image)
China will continue to rank second on the list of the top 10 largest economies in the world in 2025. According to IMF projections, China’s nominal GDP for 2025 will be $19,790 billion. For 2024, the GDP is seen at $18,533 billion. (AI image)
Germany will be the world’s third largest economy in the world GDP rankings for 2025. IMF data projects that Germany’s GDP for 2025 will be $4,772 billion, up from $4,591 billion in 2024. (AI image)
Top 10 Largest Economies In The World 2025: India will achieve the major feat of becoming the world’s 4th largest economy by nominal GDP size in 2025, as per IMF’s projections. India is currently the world’s 5th largest economy as per 2024 rankings, but is expected to overtake Japan to move up to the 4th spot in the top 10 largest economies the world list with a nominal GDP of $4,340 billion. In fact, IMF has predicted that by 2027, India will become the world’s 3rd largest economy, surpassing the GDP of Germany! (AI image)
Japan is at present the world’s 4th largest economy as per 2024 IMF data. However, moving into 2025, Japan’s economy is expected to slip to the 5th spot in the top 10 largest economies in the world rankings. Japan’s GDP for 2025 is projected at $4,310 billion by the IMF. (AI image)
The United Kingdom will retain its spot as the world’s 6th largest economy in the world by GDP size in 2025 as well. UK’s nominal GDP for 2025 is projected to be around $3,685 billion, as per the IMF. (AI image)
France, which is currently the world’s 7th largest economy by nominal GDP size, will still hold the seventh spot in 2025, as per IMF projections. The nominal GDP of France is expected to be $3,223 billion in 2025, the IMF has predicted. (AI image)
Top 10 Largest Economies 2025: Brazil, which at present ranks 9th on the top 10 largest economies 2024 list, will move up a spot to take the 8th rank in 2025, the IMF has predicted. As per IMF’s projections, Brazil’s nominal GDP will be $2,438 billion in 2025. (AI image)
As per 2024 world’s largest economies ranking, Italy is the 8th largest by GDP size. However, in 2025, it will slip a spot and become the world’s 9th largest economy. The IMF has predicted that Italy’s nominal GDP will be $2,390 billion in 2025. (AI image)
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