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How could India become a superpower?

How could India become a superpower?

India is considered one of the potential superpowers of the world. This potential is attributed to several indicators, the primary ones being its demographic trends and a rapidly expanding economy and military. In 2015, India became the world’s fastest growing economy with a 5\% estimated GDP rate (mid year terms).

What is industrial superpower?

Power/Ability to: The power to manipulate industrial sites and everything in them.

Is India going through an industrial revolution?

India now stands at the cusp of the fourth industrial revolution (4IR). It has world class companies in steel, automobiles, and petrochemicals—the second industrial revolution. It is a global leader in software, and telecommunications has been the backbone of recent growth—the third industrial revolution.

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Can India become a superpower by 2025?

WHAT KIND OF SUPERPOWER? If India can sustain annual GDP growth of 9-10 percent over the next 15 years, by 2025 it will likely overtake Japan and be the world’s third-largest economy after China and the United States.

Will India be a superpower?

India’s PPP is expected to reach $43 trillion and surpass the US by 2050 making it the second-largest economy in the world after China. From a booming high-tech sector to elite educational institutes, India has the potential to become a superpower with rapid digitalisation.

What is stopping India to become a developed country?

India’s political and economic history has led it to become one of the fastest developing countries in the world. Despite being a newly industrializing nation, India continues to face challenges of over population, poor water and sanitation, and low adult literacy rates.

Is India prepared for 4th industrial revolution?

India has a catch up to do. Industry and business models are transforming at an unprecedented pace. Industrial revolution 4.0 would need the adoption of new technologies would mean an entirely new set of skills needed to stay employable. Government has to make a significant effort to skilled labour in the new areas.

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Can India become a developed country without a strong industrial base?

India cannot be a developed country without a strong industrial base because of the following reasons: Solid industrial base is required for growth of both agriculture and service sector. The Huge working population of the country cannot be vested in service or industrial sector only.

Why is India considered a super power?

India is considered one of the potential superpowers of the world. This potential is attributed to several indicators, the primary ones being its demographic trends and a rapidly expanding economy and military. In 2015, India became the world’s fastest growing economy with a 5\% estimated GDP rate (mid year terms).

How can India achieve superpower tag?

To achieve Superpower tag India need to focus on these two things. (a). Naval power : In 16th and 17th century Spain and France used to rule the oceans by colonizing America, Africa and Asia continents. In 18th, 19th and mid 20th century Great Britain Royal Navy used to rule the oceans by almost conquering 70\% oceans and 25\% land.

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How many superpowers are there in the world?

This is done through the combined-means of economic, military, technological and cultural strength as well as diplomatic and soft power influence. This is a very comprehensive definition of superpower, covering all the areas. Currently, we have only one superpower i.e. the United States of America.

Can India become a 5 trillion-dollar economy?

In the last quarter, our manufacturing sector grew by only 3.1\%. America is a 21 trillion-dollar economy, whereas India still is aiming to become a 5 trillion-dollar economy by 2024. We need to get rid of the agricultural economy tag as soon as possible.