India has made it to a list of one of the most powerful economies of all time. But before you jump the gun, it’s the country’s economy from an era gone by that made the cut.
India was once one of the most powerful economic empires in the world, according to a Fortune list. The country under the Mughal rule around 1700 AD, accounted for 25 per cent of the world’s output and made it to number three (chronological order) in the ‘Fortune 5: Most powerful economic empires of all time’.
The Mughal empire which dated from the 16th century till the British took over the country in the 19th century, was one of the most vibrant eras for the Indian economy, according to Fortune.
Contributed By Neha