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India aims to become world’s third-largest economy by 2026 through pragmatic multi-alignment with global powers, including China, despite tensions.
India’s economic and geopolitical strategy, as outlined by PM Economic Advisory Council member Sanjeev Sanyal, centers on "multi-alignment"—actively engaging multiple global powers based on mutual interests rather than passive non-alignment.
India, positioned as a second-tier global player alongside the U.S., China, Europe, and Japan, is projected to become the world’s third-largest economy within two to three years.
Sanyal emphasized pragmatic cooperation with countries like China, despite tensions, due to China’s vital role in India’s supply chains, including for products like Apple phones.
He defended India’s GDP measurement system, noting a planned 2026 update to a 2023–24 base year will likely increase the reported GDP level without changing growth rates, calling political criticism over the revision misplaced.
La India tiene como objetivo convertirse en la tercera economía más grande del mundo para 2026 a través de un alineamiento pragmático con las potencias globales, incluida China, a pesar de las tensiones.