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.

Explore more

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

How strong is India’s economy?

From the April 27th 2024 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Leaders

How to respond to the riots on Britain’s streets

The violence demands robust policing, but it also requires cool heads

Is the big state back in Britain?

The risk is not too much interventionism, but too little audacity



Genomic medicines can cost $3m a dose. How to make them affordable

The treatments are marvels of innovation. Their pricing must be inventive, too

Chinese companies are winning the global south

Their expansion abroad holds important lessons for Western incumbents

The Middle East must step back from the brink

That still means starting with a ceasefire in Gaza