European Parliament think tank expert Angelos Delivorias has said that India’s GDP growth is exceeding that of China and will continue doing so. Angelos, with a specialisation in external policies (including India), is a policy expert at European Parliamentary Research (EPRS), which provides comprehensive research and analytical support to the Members of the European Parliament. Pointing out the sustained growth of the Indian economy over the past decade, Delivorias said that India’s GDP growth exceeding that of China reflected New Delhi’s emergence as a formidable economic powerhouse in the global arena. India’s GDP growth exceeded China’s annually for the past few years, with India’s growth averaging over 7.5 per cent in 2023, while China’s is 5.2 per cent. India’s GDP is also expected to reach 7 per cent by 2026, while China is expected to reach 4.6 per cent. The IMF projects China’s 2024 growth at 4.6 per cent, declining towards 3.5 per cent in 2028.
With India’s ambitious infrastructure projects and recent strides in space exploration, Delivorias highlighted the nation’s comprehensive economic strategy.
Delivorias also noted India has increased its diplomatic importance as part of its strategy over the last decade. He also said that against the backdrop of China’s Belt and Road Initiative and increasing assertiveness in global affairs, India’s rise holds profound implications for the European Union and the wider international community.