India ranks in top four for forex reserves in 2024, crossing $700 billion.
India’s global stature continues to rise, with significant achievements across economic and innovation metrics. By 2024, the country joined the top four nations with the largest foreign exchange reserves, exceeding $700 billion. Government data highlights that from April 2014 to September 2024, India attracted $709.84 billion in FDI, nearly 69 percent of inflows over 24 years.
The nation has emerged as a global manufacturing hub, ranking second in crude steel and mobile phone production. In innovation, India climbed to 39th in the Global Innovation Index 2024, a leap from 81st in 2015. On the Network Readiness Index, India advanced 11 places, excelling in AI talent, ICT service exports, and AI publications.
Educationally, the QS Asia 2025 rankings placed seven Indian institutions in the top 100. The advancements, attributed to reforms and strategic initiatives, solidify India’s growing influence globally.
