However he also talked about a reality check by citing the difference in the per capita income between the two nations owing to India's huge population.Also Read: Uday Kotak’s ‘reality check’ as India pips UK to become 5th largest economy With the mantra of reform, perform & transform, New India is writing new pages of success & marching rapidly towards becoming an economic superpower."īillionaire banker and the executive vice chairman and managing director of Kotak Mahindra Bank,Uday Suresh Kotak tweeted out his pride on the momentous occasion. Mansukh Mandaviya the Minister of Health and Family Welfare cited the mantra of 'reform, perform & transform' for the success of the Indian economy, the minister also thanked Prime Minister Modi for his 'dynamic' leadership.The Health Minister tweeted: "India under PM dynamic leadership surpasses UK to become world’s 5th biggest economy. A world-beating rebound in Indian stocks this quarter has just seen their weighting rise to the second spot in the MSCI Emerging Markets Index, trailing only China’s. The Indian economy is forecast to grow more than 7% this year. Unlocking opportunities in Metal and Mining.
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