India has become the third most powerful nation in Asia, surpassing Japan in the Asia Power Index. The Asia Power Index report for 2024 indicated that strong post-COVID economic growth has led India to increase its economic capability by 4.2 points. The report also highlights that India performed well across all other resource measures, especially in future resources, where its score rose by 8.2 points. This growth suggests that India’s youthful population may deliver a demographic dividend in the decades to come, unlike many other countries in Asia.
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