European Media ON ‘INDIA`s Economy to Overtake France and UK in 2018 to become 5th largest Economy’

India will overtake the United Kingdom and France in 2018 to become the world’s fifth-largest economy in terms of the United States dollar, an economics consultancy based in Britain said on Tuesday. The Centre for Economics and Business Research’s 2018 World Economic League Table also said that Asian economies will dominate the list of the top ten largest economies over the next 15 years, Reuters reported.

“Despite temporary setbacks, India’s economy has caught up with that of France and the UK and in 2018 will have overtaken them both to become the world’s fifth largest economy in dollar terms,” said Douglas McWilliams, the executive deputy director of the consultancy.