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Indian economy 'to overtake UK' BBC Wednesday, 24 January 2007 12:40:11 EST
India could overtake Britain and have the world's fifth largest economy within a decade as the country's growth accelerates, a new report says.
If trends continue, India's economy may then surpass the US and be second only to China's by mid-century, the report by investment bank Goldman Sachs says.
Everywhere you turn in India's cities are signs of economic boom.
New cars choking the streets, middle-class housing and shopping malls swallowing up farmland, airports chock-a-block with travellers.
But this is probably only the start of a transformation that will reshape the global economy.
Within a decade India can overtake Italy, France and the UK to become the world's fifth largest economy if it keeps up its current pace of expansion, according to analysts at Goldman Sachs.
http://news.bbc.co.uk/2/hi/south_asia/6294409.stm
[Don't worry. Their colonization projects in West will be much less brutal per the modern standards of human rights.]
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