'World Market Power' Index: India 2nd most powerful nation
Multinational Spanish banking outfit Banco Bilbao Vizcaya Argentaria, as part of its research project on Emerging and Growth-Leading Economies issued the ‘World Market Power’ Index. As per this Index, India is the second most powerful nation, when it comes to competing on the world market. The Index tracks nations’ abilities on the economic front.
China topped the ‘World Market Power’ Index list followed by India, Indonesia, Brazil, Russia, Turkey and Mexico.