New Delhi, May 11 (IANS). Legendary global investor Jim Rogers said that India is moving towards becoming the best investment place in the world and it will definitely be compared to China. Also said that in the coming times, the performance of the country’s economy can be better than China.
In a conversation with news agency IANS, Jim Rogers said, “I have been associated with the investment world for decades and for the first time in my life I have seen Delhi understanding economics in this way.”
The American investor further said, “India is emerging again. I think the people of Delhi understand what should be done and they are trying to do the right things. It will be great for India and the world. If India can really open and trade with the whole world, then you cannot even imagine how attractive India can be in future.”
While negotiating news agency IANS, Rogers said, “I have no investment in India at the moment, but I want to invest more in the fastest growing economy.”
He also said that if the market goes down and stays down for some time, then I would like to invest in India.
According to the IMF World Economic Outlook report, India will become the fourth largest economy in the world in 2025. During this period, the size of the country’s GDP will increase to $ 4,187.017 billion, while Japan’s GDP size will be $ 4,186.431 billion.
On the Free Trade Agreement (FTA), Rogers told IANS that it is especially good for India with the world.
India has signed 13 FTAs with its business partners. The country is currently talking about business agreements with EU, Australia, Oman, Peru and Sri Lanka.
-IANS
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