India's Economic Growth and Its Impact on the Global Economy: A Review

In recent decades, India, the world's largest democracy, has undergone substantial economic transformation. India's economy changed from being dependent on agriculture to becoming one of the top countries with the fastest economic development in the world following the introduction of liberalization policies in the early 1990s. The study examines how India's economy has developed over time, analyses the key sectors that have contributed to its expansion, and considers the impact of this development on the global economy. It considers India's expanding impact on global investment flows, trade, digital innovation, and geopolitics. The paper also identifies challenges and potential future developments as India seeks to become a major player in the global economy.