Can the Indian economy outperform China in the near future? Jim Rogers thinks so!

Synopsis
Jim Rogers believes India's economy has the potential to surpass China's in the coming years. He emphasizes the growing understanding of economics in Delhi and the country's readiness for significant global trade. With India on track to become the fourth-largest economy, the future looks bright for investors.
Key Takeaways
- India is emerging as a top investment destination.
- Jim Rogers sees potential for India to outperform China.
- Understanding economics is growing in Delhi.
- India is negotiating multiple Free Trade Agreements (FTAs).
- Projected GDP growth places India ahead of Japan.
New Delhi, May 11 (NationPress) India is set to emerge as one of the most captivating investment hubs globally, and it may even outperform China in the years ahead, according to renowned investor Jim Rogers.
In a conversation with IANS, he expressed, "After decades in the investment sector, I can say that for the first time, the individuals in Delhi seem to grasp economics."
"India is on the rise again. I believe that the people in Delhi recognize what actions are necessary and are making strides to implement them. This could be tremendously beneficial for both India and the world. If India can truly open up and engage in trade globally, the potential is exhilarating," stated the American investor and financial analyst.
"Currently, I do not have investments in India, but I am eager to invest in the fastest-growing economy," he added, noting that if the market experiences a downturn, "I would be inclined to invest more in India."
India is expected to become the world's fourth-largest economy by 2025, with its nominal GDP projected to reach $4,187.017 billion, surpassing Japan's GDP of $4,186.431 billion, as reported by the IMF's latest 'World Economic Outlook'.
Regarding free trade agreements (FTAs), Rogers conveyed to IANS that increased free trade would benefit the world, particularly India.
"This will be incredibly exciting for the world, including international investors," he remarked.
India has entered into 13 FTAs with its trading partners. Currently, it is in negotiations for FTAs with partners including India-EU, India-Australia Comprehensive Economic Cooperation Agreement (CECA), India-Peru Trade Agreement, India-Sri Lanka Economic and Technical Cooperation Agreement (ETCA), and India-Oman FTA.
Moreover, India and the United Kingdom have forged a historic FTA, which is significant not only in quantitative terms—covering reductions across 90 percent of tariff lines—but also in its symbolic value as a reorientation of the post-globalization economic strategy.
This FTA signals a new global trade framework, reducing dependence on China, navigating U.S. tariffs, and reshaping post-Brexit Britain, according to an SBI report.
Additionally, India is reviewing its existing FTAs, including the India-South Korea Comprehensive Economic Partnership Agreement (CEPA) and the ASEAN-India Trade in Goods Agreement (AITIGA).