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Analysis How India’s economic rise portends a new era of Indo-Korean relationsIndia’s ascent makes it a prime strategic partner, but ROK and India must commit to enhancing strategic partnership India is projected to become the third-largest economy globally by the end of the decade, surpassing Germany and Japan, according to Morgan Stanley, and it is expected to overtake the U.S. by 2075. This global economic shift brings to the fore a significant potential for strengthening strategic partnerships, particularly with South Korea. However, this prospective partnership is contingent upon a mutual understanding and practical realization of each other’s potential, coupled with strategic actions from both governments. India’s rapid growth, the fastest among emerging markets and developing economies, is anticipated to continue in the foreseeable future. This pace was corroborated © Korea Risk Group. All rights reserved. |





