In 2022, India’s aviation safety oversight mechanism climbed to 48th position from 102nd, surpassing China, Israel, and Denmark. By 2024, India had further consolidated its global standing with remarkable achievements. In 2024, India ranked among the top four nations with the largest foreign exchange reserves, surpassing $700 billion.Between April 2014 and September 2024, the nation recorded FDI inflows of $709.84 billion, accounting for nearly 69% of the overall inflows over the past 24 years. “In manufacturing, India emerged as the world’s second-largest producer of crude steel, trailing only China, and also secured the second position in mobile phone production, solidifying its status as a manufacturing hub,” the statement said.
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