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Both Washington and Beijing fully understand that New Delhi will play the role of the pivotal third angle in the emerging world order, balancing the US and China in what will inevitably emerge as the new triangle of global power.
On March 31, 2022, India will officially become the world’s fifth largest economy, overtaking Britain. Germany (4) and Japan (3) are within striking distance.
According to several global financial institutions, India’s GDP will be the world’s third largest by the end of this decade. London-based IHS Markit, a global leader in analytics, projects India’s GDP at $8.4 trillion in 2030.
https://swarajyamag.com/world/indias-place-in-the-new-world-order?fbclid=IwAR0TsXmQJ0zb6YgTOYlZst5Yj3HCXSOgRAdCNFFKtHboOZdjyz6f_xiO-Yc
