Daily Current Affairs / India to become third largest importer by 2050
Category : National Published on: September 23 2021
· According to a report released by the UK's Department of International Trade, India could become the world's third largest importer by 2050.
· With a 5.9 percent share of global imports by 2050, the country will become the third largest importer after China and the United States.
· Currently, India ranks eighth in the list of largest importing countries with a share of 2.8 per cent.
· According to the Global Trade Outlook report, the country's position in the list will reach the fourth position by 2030 with a share of 3.9 percent.
Important facts
About United Kingdom
v The United Kingdom, made up of England, Scotland, Wales and Northern Ireland, is an island nation in northwestern Europe. The origins of the United Kingdom can be traced back to the time of the Anglo-Saxon king Athelston.
v Prime Minister: Boris Johnson
v Capital: London
v Currency: Pound Sterling
Odisha Police has been conferred the prestigious President’s Police Colour, the highest honour for any police force in India, on its 90th Foundation Day in 2026.
Read More....Academy Award-winning composer A.R. Rahman has been appointed as the brand ambassador of Yamaha Music India to promote musical excellence and education.
Read More....Costa Rica has launched a free mobile app ‘ICP App’ to help users identify venomous snakes and provide first aid guidance for snakebites.
Read More....The Indian Navy has inducted ‘Sanshodhak’, the fourth and final indigenous Survey Vessel (Large), built by GRSE Kolkata with over 80% indigenous content.
Read More....Burra Vamsi Rama Mohan has been appointed as the new Chairman and Managing Director (CMD) of POWERGRID effective from April 1, 2026.
Read More....Christopher North, founding keyboardist of the American rock band Ambrosia and known as the “Hammond B3 King”, passed away at the age of 75 on March 30, 2026.
Read More....World Autism Awareness Day 2026 is being observed on April 2 with the theme ‘Autism and Humanity – Every Life Has Value’.
Read More....The Reserve Bank of India observed its 91st Foundation Day on April 1, 2026, highlighting its role in digital payment security and monetary stability.
Read More....NASA successfully launched the Artemis II mission on April 1, 2026, marking the first crewed journey to the Moon since 1972 with four astronauts aboard the Orion spacecraft.
Read More....The Government of India is promoting scientific temper among youth through ISRO’s YUVIKA programme, which inspires Class 9 students to pursue careers in space science.
Read More....
