
India’s economy ranks third in the world in purchasing power parity. While the country is known for IT and outsourcing, its strength goes beyond that. India is the second-largest in farm output and ranks twelfth in factory production. It is also the only nation with both a population and economy that can rival China. Foreign direct investment is shifting from China to India. The global market sees India as a strong alternative. If you have a UK pension, now is the best time to move it. Leaving your savings in a declining economy may not be wise. Instead, investing your pension in India’s economy can secure higher returns.