“There are opportunities to move up the ladder, to be among the top three in the world, and its realisation would depend on certain metrics, including economic performance in terms of absolute GDP and absolute per capita income instead of the purchasing power parity (PPP) comparison,” he said at CII Global Economic Policy Summit 2022 here. Kotak said the country has become the fifth largest in the world at about $3.2 trillion and has huge potential.
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