India's Achievements
The Business Guardian|January 01, 2025
India's achievements in 2024 reflect its growing global stature and transformative progress across various sectors.
India's Achievements

The nation's economic growth, technological advancements, and infrastructural developments have reinforced its position as a major player on the world stage.

This report highlights key milestones in areas such as GDP growth, space exploration, renewable energy, and education. With strategic diplomatic engagements and cultural resurgence, India is advancing toward its goal of becoming a global leader.

ECONOMIC GROWTH AND DEVELOPMENT

GDP and Macroeconomic Stability: India is currently the fifth-largest economy in the world, with a GDP of $3.94 trillion at current prices. It is also currently the third-largest economy in the world in terms of GDP based on purchasing power parity (PPP) with a GDP size of 16.02 trillion USD.

Foreign Exchange Reserves The nation's foreign exchange reserves reached a historic high of $642 billion, a testament to prudent fiscal management and robust trade policies. India has achieved the significant feat of joining the ranks of the world's largest foreign exchange reserves, securing the 4th position globally after China, Japan, and Switzerland.

Startup Ecosystem With 148,931 DPIIT-recognized startups, India retained its position as the third-largest startup ecosystem worldwide. Over 1.55 million jobs were directly generated by startups, bolstered by initiatives like 'Make in India' and 'Startup India'.

Industrial and Agricultural Growth Key sectors like manufacturing and services witnessed substantial expansion. Agriculture achieved record production levels, supported by government subsidies and advancements in agri-tech.

INFRASTRUCTURE DEVELOPMENT

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هذه القصة مأخوذة من طبعة January 01, 2025 من The Business Guardian.

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