In recent years, India's economy has grown rapidly. What are the factors behind it?

In recent years, India's economy has developed rapidly and its national economy has been continuously improved, which has attracted more and more attention from other countries in the world. The main reasons are the stable world structure, the increasing economic globalization and the harmonious and healthy diplomatic relations. The main reason is that the development plan formulated by the state conforms to the present form, and the coordination of various conditions can make India's development better and better.

India's rapid economic development is inseparable from its own advantages. India is in an important transportation position in several oceans, with a large land area, ranking seventh in the world. Many important energy and resources in Southeast Asia are concentrated in India, where there are abundant mineral resources and coal resources. With the continuous improvement of technical level, the development of resources is becoming more and more important. This also provides opportunities and advantages for India's economic development.

In terms of population, India is also a populous country with abundant labor force, which is beneficial to many industries. It can reduce the cost of products, and the increase of employment rate can also bring impetus to the country's economic development. In recent years, India is also controlling population growth, and the population scale is gradually developing to a reasonable model, which has also eased some pressure on economic development. At the same time, national leaders are constantly updating the national development plan and striving to make a better direction for the country's development.

Internationally, fair and harmonious diplomatic relations are now advocated. As a country with an important transportation position, India seized this opportunity and vigorously developed its foreign economy to boost economic growth. Moreover, the effect is obvious. In recent years, India's economic development has obviously accelerated a lot.