According to figures from theand the United Nations, is projected to surpass in both economic size and population within a few short decades, meaning that one would be remiss to discount ’s role as an economic titan in the coming years.
9 incredible business facts about
1. Consumer spending in triple to $3.6 trillion by 2020 compared to just $991 billion in 2010.is expected to
2. home to 17.2% of the word’s cows. The nation recently overtook the European Union to become the world’s largest producer of milk. In 2014, Indian dairy cows produced 132.4 million tonnes of milk.has the world’s largest dairy cow population,
3. By 2030, it’s expected that projected GDP of $13,716 billion.will become the world’s third largest with a
4. The top 25 richest people in combined net worth of about $174.8 billion, equivalent to the entire of Ukraine. Additionally, ’s wealthiest man Mukesh Ambani possesses the world’s most expensive home, which cost $1 billion to construct.have a
5. A 2013 law states that non-residents of convert all of their Indian cash to some other currency before leaving the country.and foreign visitors may not take rupees, the Indian currency, out of the nation. It is mandatory for non-resident Indians and foreigners to
6.exports over $415 million worth of hair a year. Hindu pilgrims often donate hair in temples as an offering, especially if they cannot afford to donate money or jewellery, and this hair is later sold to international that make wigs and weaved in extensions.
7. consumed about 1.2 billion litres of whiskey. On a per capita basis, however, takes the top spot.is the world’s largest consumer of whiskey by volume. In 2012, Indians
9. 2050 with 1.6 billion people, which is almost equal to the populations of the US and combined.is expected to be the world’s most populated country by