Question

Q) How can you say that India is
global economy of
of 21st century​

Answer 1

Answer:

The Indian Century (Pax indica)[1][2] is the idea that the 21st century will be dominated by India, as the 20th century is often called the American Century,[3] and the 19th century as Pax Britannica (British Peace).[4] The phrase is used particularly in the assertion that the economy of India could overtake[5][6] the economy of the United States and economy of China as the largest national economy in the world,[7] a position it held[8] from 1 to 1500 CE and in 1700 CEIndia has created North–South Transport Corridor as an alternative to the Belt and Road Initiative policy initiative of China (PRC),[11][12][13] to link in with Iran, Russia, the Caucasus, and Central Asia. In 2017, India and Japan[14][15] joined together to form Asia-Africa Growth Corridor, to better integrate the economies of South, Southeast, and East Asia with Oceania and Africa.[14][15] India also engages in Quadrilateral Security Dialogue and Malabar (naval exercise) for China containment policy.

According to the report named "Indian Century: Defining India's Place in a Rapidly Changing Global Economy" by IBM Institute for Business Value, India is predicted to be among the world’s highest-growth nations over the coming years