Photos: 8 interesting facts about India's growing economy

[caption id=“attachment_84662” align=“alignleft” width=“860”] A Morgan Stanley report titled The Next India has listed out a few interesting facts about India. Here are some of them you may not have known or have forgotten about. Let’s start with this fact: India accounts for 16 percent of the total milk produced world over and is the largest milk producer. The US is the second and China third. Image: Reuters[/caption]

[caption id=“attachment_84663” align=“alignleft” width=“860”] India’s per capita GDP is now where the US’s was in the 1940s, but its stock market trading volumes, adjusted for GDP, are where the US’s was in 1990s. Reuters[/caption]

[caption id=“attachment_84664” align=“alignleft” width=“860”] People with debit cards comprise only 13% of the population, and those with credit cards a mere 2%. Reuters[/caption]

[caption id=“attachment_84665” align=“alignleft” width=“860”] India is the second-largest user of Facebook. The country has the largest number of active users of WhatsApp in the world. AFP[/caption]

[caption id=“attachment_84666” align=“alignleft” width=“860”] According to World Gold Council estimates, Indian households have almost 3x more gold than Fort Knox. At current prices, Indian households own more than $1 lakh crore worth of gold. Reuters[/caption]

[caption id=“attachment_84667” align=“alignleft” width=“860”] Less than 10% of India’s top 200 cities by population have a luxury car dealership in the city. Reuters[/caption]

[caption id=“attachment_84668” align=“alignleft” width=“860”] Modern food chains (such as McDonalds, Pizza Hut, Dominos) are present in more than 80% of India’s top 50 cities by
population. Reuters[/caption]

[caption id=“attachment_84669” align=“alignleft” width=“860”] According to Comscore, India has a young internet population; 75% are aged 15-34, versus 52% worldwide. This includes
the audience accessing internet from office or home PC. Reuters[/caption]