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35 years after liberalisation, India’s global integration remains a work in progress, says Shankar Sharma
· Business Today Mkts
India’s post-1991 economic transformation has lifted its global standing, but the pace of improvement remains gradual, according to a data-based analysis by investor Shankar Sharma. The Global Composite Index ranking has risen from the 50th percentile in 1991 to 62nd in 2024, highlighting both the gains from liberalisation and the unfinished task of deeper global integration.
Market context
- The immediate tone of coverage reads positive.