Leaders | The rise of a new economic power

How strong is India’s economy?

It isn’t the next China, but it could still transform itself and the world

A lotus flower gorwing taller out of water
image: Anuj Shrestha

In six weeks’ time Narendra Modi is expected to win a third term as India’s prime minister, cementing his status as its most important leader since Nehru. The electoral success of this tea-seller’s son reflects his political skill, the potency of his Hindu-nationalist ideology and his erosion of democratic institutions. But it also reflects a sense among ordinary voters and elites that he is bringing India prosperity and power.

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This article appeared in the Leaders section of the print edition under the headline “How strong is India’s economy?”

From the April 27th 2024 edition

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