India On the Cusp of Rapid Growth and Several Challenges

India is in line to become the world’s fastest-growing economy in the coming years. It is also expected to dethrone China as the most populous country within six years. The country’s role in the global and Canadian economy should not be underestimated. This issue of Economic Viewpoint presents an overview of the Indian economy’s outlook, structure and challenges. The country would appear to offer short- and medium-term investment opportunities, but certain factors need to be monitored in order to ensure sustainable growth over the long term.