India to become third largest importer by 2050

India to become third largest importer by 2050

Daily Current Affairs / India to become third largest importer by 2050

Change Language English Hindi

Category : National Published on: September 23 2021

Share on facebook

· 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

Recent Post's

India and the UK begin the 8th edition of Joint Military Exercise ‘AJEYA WARRIOR-25’ in Rajasthan to boost counter-terror interoperability and defence cooperation.
Read More....
The Sixteenth Finance Commission, led by Dr. Arvind Panagariya, submitted its 2026–31 fiscal recommendations to the President, shaping India’s future tax-sharing and financial framework.
Read More....
Bangladesh’s former PM Sheikh Hasina has been sentenced to death in absentia for the 2024 protest crackdown, intensifying India–Bangladesh diplomatic tensions.
Read More....
Ravindra Jadeja becomes only the fourth cricketer worldwide – and the second Indian – to achieve the elite 4000 Test runs and 300 wickets milestone.
Read More....
Tom Cruise honoured with the prestigious Honorary Academy Award at the 16th Governors Awards.
Read More....
The UK has been announced as the Country Partner for the Hornbill Festival 2025, strengthening cultural ties and global visibility for Naga heritage.
Read More....
Iran ends visa-free entry for Indians from November 22, 2025, after rising cases of job fraud and kidnapping involving Indian travelers.
Read More....
India scripts history at the Asian Archery Championships 2025, topping the medal tally with a record 10 medals, including 6 golds.
Read More....
Marco Bezzecchi’s Valencia victory seals a historic first-ever top-three MotoGP championship finish for Aprilia.
Read More....
According to the 2025 Global Methane Status Report, global methane emissions are rising, driven mainly by agriculture and waste, reaching 352 million tonnes in 2020 and projected to hit 369 million tonnes by 2030.
Read More....