July 13, 2023 Grace Diaz

The relevance of India

India is the fifth largest economy in the world with a GDP of $2.5 trillion. With a population of around 1.4 billion, it is the most populous country in the world, surpassing China in recent months.

The Asian nation has shown significant dynamism in its economic growth in recent years and is playing an increasingly relevant role in the global economy and geopolitics.

Currently, bilateral trade reached $1.513 billion last year. In this scenario, only 300 companies exported 220 products last year, worth $754 million, including copper minerals and concentrates, molybdenum, iodine, nuts, cellulose, lithium, gold, kiwis, and apples, among others.

Currently, Indian investment in Chile amounts to approximately $220 million.

Source: Chile Prunes