INSUBCONTINENT EXCLUSIVE:
world's largest economies, according to latest projections by British consultancy multinational PwC.PwC's annual Global Economy Watch
projects real GDP growth in 2019 of 7.6 per cent for India 1.6 per cent for UK, and 1.7 per cent for France."India and France are likely to
surpass UK in world's largest economy rankings in 2019, knocking it from fifth to seventh place in global table," report said."India is
fastest growing large economy in world, with an enormous population, favourable demographics and high catch-up potential due to low initial
France have regularly switched places owing to similar levels of development and roughly equal populations, India's climb in rankings is
likely to be permanent."India should return to a healthy growth rate of 7.6 per cent in 2019-20 if there are no major headwinds in global
growth picked up in most major economies
was world's largest economy in 2017 with a size of $19.39 trillion, followed by China at $12.23 trillion, Japan ($4.87 trillion) and
US-China trade, but there will always be risk of this escalating into a wider trade conflict and businesses accordingly need to plan for
different scenarios," it added.(Except for headline, this story has not been edited by TheIndianSubcontinent staff and is published from a
