India displaces Japan to become third-largest world economy in terms of PPP: World Bank
Economic Times ET Bureau 30 Apr, 2014 New Delhi: PPP ( purchasing power parity) is used to compare economics and incomes by adjusting for differences in prices and incomes to make meaningful comparisons between very different countries. In 2005, India was 10th in the world and in 2011 it is 3rd! This Indian shopping center could be in any western country. India has a population between 1.2-1.4 billion people compared to our population of 315 million. This map tells the tale of the density!