India is growing very strongly at the moment, but has many other problems. India is catching up on the growth that it missed out on, similar to China in the 2000s. But India will also reach its limits sooner or later. It is easy to grow strongly as a developing country, but when it takes the step towards becoming an industrialized country, many run out of steam. Just like China is doing now. That is why India will become a large economy in the medium term, if only because of the size of its population, but it will not become an industrialized and wealthy nation in the sense of many Western countries.