India took only five years to move from a $2 trillion to $3 trillion economy, the Indian envoy to the US has said as he exuded confidence that the country would touch the $5 trillion mark in the coming years.
In 2014, when Prime Minister Narendra Modi took office, India was the 11th largest economy in the world. Five years down the line, India is either the fifth or sixth-largest economy of the world, the Indian Ambassador to the US, Harsh Vardhan Shringla, said
“This is a result of the leadership of the prime minister and the political stability in the country,” Shringla said in his keynote address to the 2019 Annual Gala of Asian Indian Americans of Central Pennsylvania.
“It took us nearly 60 years after independence to achieve $1 trillion mark. It took 12 years to achieve our second trillion (dollar economy).