There is an increasing share of the young working population in the total population. India aims to achieve its full manufacturing potential as it looks forward to benefiting from its demographic dividend and large workforce over the next two to three decades.

The manufacturing sector of India has the potential to reach US$ 1 trillion by 2025, and India is expected to rank amongst the top three growth economies and manufacturing destinations of the world by the year 2020.

India Nominal GDP: $2.94 trillion-India GDP (PPP) 

$10.51 trillion: India is the fastest-growing trillion-dollar economy in the world and the fifth-largest overall, with a nominal GDP of $2.94 trillion. The country ranks third when GDP is compared in terms of purchasing power parity at $11.33 trillion. When it comes to calculating GDP per capita, India’s high population drags its nominal GDP per capita down to $2,170. The Indian economy was just $189.438 billion in 1980, ranking 13th on the list globally.

While the economy has welcomed international companies to invest in it with open arms since liberalization in the 1990s, Indians have been prudent and pro-active in adopting a global approach and skills. Indian villagers proudly take up farming, advanced agriculture and unique handicrafts as their profession on one hand while modern industries and professional services sectors are coming up in a big way on the other.