Cebr Deputy Chairman Douglas McWilliams has been quoted in The Wall Street Journal commenting on the strong performance of the Indian Economy.

 

The article reads –

“India’s economic ascent was predicted late last year by The Centre for Economics and Business Research in London. The country’s GDP has been in the top five as measured by purchasing-power parity—which adjusts for domestic prices—and for years it has been much further down the rankings in terms of GDP per capita. But this is the highest its GDP has reached in modern times in terms of current real dollars.

The official numbers won’t be in until the end of February, but it looks as if India leapfrogged the U.K. and France last quarter, a position it will maintain this year, said Doug McWilliams, deputy chairman of the center. The CEBR predicts India will continue to rise in the rankings and become the world’s third largest economy by 2027.”

You can access the full piece here.