Last Updated : Jan 28 2013 | 2:33 AM IST
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| We are in the midst of a structural change in the global economy, which will, in the flash of an eye or a couple of decades (depending on your perspective), completely change the world pecking order.
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| Goldman Sachs, in its well-argued BRIC report, posits that China is likely to become the largest economy in the world (in dollar GDP terms) by 2040, and that India could be the third largest economy in the world in less than 30 years.
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Many businessmen in India are buying into this
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Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of
www.business-standard.com or the Business Standard newspaper
First Published: Nov 13 2003 | 12:00 AM IST
