India Closing the Gap on Becoming a Developed Nation

India has made huge economic strides in the past couple decades. According to Indian officials, once they deepen their talent pool, they will achieve developed nation status.

India is not far from achieving the status of a developed economy, said Wipro chairman Azim Premji at a World Bank-sponsored conference on Development Economics in Bangalore. India needs to build talent keeping in mind the economic scenario 50 years from now, Premji told the scholars and practitioners from across the world attending the Annual Bank Conference on Development Economics (ABCDE).

Earlier ED Futures have called attention to the major progress India, China and Singapore have made in developing knowledge-based economies. These are important issues for local economic developers to pay closer attention to.

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