India is a world leader when countries are ranked by population. It's time will come, as the middle class grows and imports from other nations increase, but that is not happening in the next 5 years in my opinion.
India's inability to remove the caste system leads IMHO to an equivalent of middle eastern country's inability to allow women a meaningful place in their society, and is a massive hindrance to reaching its potential socially and economically.
On the positive side, absolutely has the best cuisine in the world