Quotes About India's Economy

#1. The development-minded prime minister is looking for foreign capital and technology to boost India's economy. China's stock of direct investment of $400m in India is derisory - less than that of Belgium. Talk fills the Indian press of a 250-fold increase, to $100 billion in just a few years.

Anonymous

#2. Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.

Manmohan Singh

#3. By 2060, India's economy is projected to be larger than China's because of its greater population growth. India is forecast to produce about one-quarter of world GDP from 2040 through the rest of this century.

Jeremy J. Siegel

#4. In a mature economy like India's, which is becoming modern and a financially-oriented economy, an independent central bank, responsible central bank, is really central to success.

Ben Bernanke

#5. We look at the number of engineers coming out of India; we look at the growth of the economy, and it's clear that India is a place we want to be.

Douglas Leone

#6. This 21st century economy holds great promise for our people. But unless we give all Americans the skills they need to succeed, countries like India and China will take good-paying jobs that should be ours.

Harry Reid

#7. There is no doubt that as an economy grows in a great way like India has, that you have to step back and change your tax systems, because you start to get more disparities of wealth.

Bill Gates

#8. We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.

Manmohan Singh

#9. I dream of making India a $20 trillion economy. For that, I am pushing for agriculture, manufacturing and service sectors.

Narendra Modi

#10. Probably in 2035 we will pass that mantle on to China. It will be the biggest economy in the world, and it will go way past us and way past India. Given the growth, the size, the opportunities, I don't think there's any other place in the world that can match it.

David Rubenstein

#11. India may be the soul of world cricket, but IPL is its commercial heart. Just as 'Who Wants to be a Millionaire' changed the ground rules for quiz shows by injecting a massive dose of money into the equation, IPL has changed the dynamics of the cricket economy.

Vikas Swarup

#12. China is a BRIC country. BRIC country means Brazil, Russia, India and China. This emerging economy really is helping the revival of the world economy.

Michael Anti

#13. Fortunately for India, it has got a growing economy. If it is doing the right things with taxation and focusing on the right areas for human development, it is going to have no problem, over a period of time, taking care of its own needs.

Bill Gates

#14. In 1775 Asia accounted for 80 per cent of the world economy. The combined economies of India and China alone represented two-thirds of global production. In comparison, Europe was an economic dwarf.

Yuval Noah Harari

#15. President Bush went out touting his economic record in Ohio last week. Now this is a state that lost 225,000 jobs since Bush took office. You know, if Bush wants to tout his record, he should do it somewhere where the Bush economy has actually created jobs, like India, or Thailand, or China.

Jay Leno

#16. In 2006, the global economy was doing well. In India, the political and economic situation was stable. All key macroeconomic indicators reflected an economy that was in robust good health.

Baba Kalyani

#17. China has, all of a sudden, found a way of putting the best of the best to work to build an economy that is growing at 10% to 12% per year, and now India is following. And those changes and how quickly they've come out of this mess, how little debt they have, is really important.

Juan Enriquez

#18. Fear of foreign domination in India led the Janata Party, in the 1970s, to push for partial Indian ownership of all multinational firms within the country. The result was a spectacular pullback, by companies such as IBM and Coca-Cola, and a stagnant economy.

Peter Blair Henry

#19. The American consumer, even today, the weight of the American consumer in the global economy is China plus India doubled. So, it's tough to replace that.

Fareed Zakaria

#20. The world wants India to remain an import-based economy. Then India can be a dumping ground where gold can be dumped and other commodities such as oil and gas. They look at India as a huge market.

Anil Agarwal

#21. The East India Company's domination of the Indian economy was based on its private army.

Robert Trout

#22. India is a 2 trillion dollar economy today. Can we not dream of an India with a 20 trillion dollar economy?

Narendra Modi

#23. To balance China, the democracies will need new friends - and India with its fast-growing economy, youthful population, and democratic politics seems the obvious candidate.

David Frum

#24. India must achieve the real goal?that is energy independence or an economy which will function well within total freedom from oil, gas or coal imports.

Abdul Kalam

#25. Economic development cannot take a nation forward on its own. We need a society and economy which complement each other. We need to take care of the poor, deprived and left behind sections of society.

Narendra Modi

#26. According to the World Health Organization, an average of Rs. 6500 per person was lost in India due to lack of cleanliness and hygiene. Swachh Bharat would make a significant impact on public health and in safeguarding income of the poor, ultimately contributing to the national economy.

Narendra Modi

#27. Today, being the biggest developing countries in the world, China and India are both committed to developing their economy and raising their people's living standards.

Li Peng

#28. It is really gratifying, for example, to visit India now and see that because they've had good educational institutions, and they've had a focus on it, there are more and more people in India participating in the world economy.

Bill Gates

#29. You see countries like India really investing in their space program because they see it as inspirational and good for their economy.

Ellen Stofan

#30. Our expectation is that by 2050, which is a long time away, India will be the largest economy in the world, overtaking both the U.S. and China.

Adi Godrej

#31. In India and in New York the economy is naked. People are starving physically in India, and emotionally in New York.

Francesco Clemente