The combined economies of India and China accounted for two-thirds of global production 250 years ago. Today, India is the world’s most populous democracy, third-largest economy by purchasing power parity and fourth-largest equity market, re-establishing its status as a global economic force. I’ve been investing in India for over twenty years. On an international level, both the US and European Union (EU) view India as a strategic partner in the Indo-Pacific region, with shared democratic values and mutual interests in security and economic growth. The long-term reactions from Brussels are likely to focus on negotiating a comprehensive trade and investment agreement with India to facilitate greater economic integration.

Source: Forbes October 15, 2024 16:10 UTC