The Asian-century 💪💪

video on this topic 👉👉

Asian century

well! in this Blog i will tell you that how Asia become king of 21st century?

How asia run the world economy?

yes, you guess right almost china and india will be centre of world economy.

but how?

First we should discuss about this......

Let journey toward the past.

Once Dr. APJ abdul kalam said :-

if 19th century is for European's

20th century for USA

then 21st century must be for India.

As we already know China is 16 trillion dollar economy in term of GDP nominal ranked 2nd after USA and 26 trillion dollar economy in term of PPP but here we only considered nominal.

Also according to IMF (international monetary fund) India is 3 trillion dollar economy in term of nominal GDP at rank 6.

In 2019 India surpass UK to become 5th largest economy but the title is not last long due to many factor like covid, lockdown and many more....

China and India have world largest population approx. 2.8 billion people's so, what about asia it mean half of population lives in asia.

for more imformation why half of population lives in asia you can watch this video 👉👉

Is only china and india play vital role well it may be yes but also no..

because there are small players too....

which are emerging too

and threat for india and china

Vietnam, UAE, Taiwan, Phillipines, Indonesia, Bangladesh

here Vietnam, Indonesia, Phillipines play key role too

Taiwan is for semiconductor.

Bangladesh is for textile

UAE already set plan for space exploration and not depend upon its crude oil industry.

but what about India??

does make in india and atamnirbhar bharat initiative help india to achieve 5 trillion economy by 2025?

Here i only say yes, this will help not only make in india and atamnirbhar help india but also startup india, digital india and many more.... will boost. as govt. of india confidently told that growth rate of 2022 for india is about 9.2% which is record break. last time india achieve its 9% growth rate in 1989. IMF, UN, World Bank already told that India will be 8 trillion or above economy and become 3rd largest behind US and China.

already Indian IT companies are too strong.

TCS, Wipro, Infosys , Tech mahindra are world top IT companies.

also big tech companies like Google, Microsoft, Twitter, Mastercard, Adobe, IBM and many more are run by Indian.

How we forget ISRO Indian Space Research Organisation.

Govt. already told that isro is working on space station which will build in 2030. and China is also making it's own space station

but here a twist reports say's that in 2030 ISS( international space station ) will stop working and there is no space staion except India and China so we easily say that Asia will be centre for world economy. world economy is run by China and India.

China already ready but India is growing