India: Positive outlook for growth, but challenges remain

India: Positive outlook for growth, but challenges remain
Published: 20 May 2016


Cement consumption in India doubled between 2005 and 2015, but still lags behind China’s at a comparable stage of development. In 2001, the World Bank calculations put China’s GDP per capita at US$1212 in inflation-adjusted terms. Using the same methodology, India’s current GDP per capita is slightly higher than China’s was then: in 2014, India’s GDP per capita reached US$1234.

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