India vs USA Economic Growth – Detailed Data-Driven Comparison
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India versus the U.S.A. A deep dive into the economic growth of these
two major global powers. Gross Domestic Product, or GDP, measures the total
value of all goods and services produced in a nation. Over the last
five years, India has consistently clocked growth rates between six and eight percent annually.
The services and IT sectors remain powerhouses, while the 'Make in India' initiative
boosts large scale manufacturing output. The U.S. economy, being highly mature,
grows at a steadier pace of around two to three percent. India is now
the fastest growing major economy, outpacing the United States in annual percentage growth rates.
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