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Everything you need to know about the Indian economy

Nov 15, 2016, 21:45 IST

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India is an incredibly diverse country that is poised to become a major economic power. There is significant work ahead for Prime Minister Narendra Modi's government to secure this position, but the tailwinds of cheap oil, a youthful population, and an emerging middle class may have stacked the odds in their favor.

Here are the key numbers you need to know:

Sources: 1. IMF World Economic Outlook, April 2016  2. CIA World Factbook, July 2016  3. The World Bank, World DataBank  4. Trading Economics, September 2016  5. The World Bank, World Integrated Trade Solution database  6. Morningstar, September 2016  7. World Federation of Exchanges  8. Bloomberg, September 2016

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If you're looking to access the Indian market, consider the iShares MSCI India ETF (INDA), or broaden your search to other countries

EXPLORE: Research other countries in the Worldviews series

MORE:  Here's how India has taken advantage of cheap oil

READ: Why India's population is the envy of economies everywhere

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