Indian Economy at A Glance: FDI And Make in India

By Neha Srivastava, Dr. Ram Manohar Lohiya National Law University*.

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Abstract

India is predicted to become one of the world's top three economic powers within the next ten to fifteen years, supported by a healthy democracy and solid relationships. The gross domestic product (GDP) of India (at constant 2011-12 prices) is anticipated to reach Rs 145.65 lakh crore ($2.06 trillion) in 2019-20, up 4.2% from the preceding year. According to a NASSCOM survey, India maintained its position as the world's third largest start-up hub in 2019, with approximately 8,900-9,300 start-ups and 1,300 new start-ups.

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* The author is pursuing Ph.D. from Dr. Ram Manohar Lohiya National Law University.

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