Not at all insignificant.
India will be the world's next nation to gain "superpower" status... and I like them...
India will not become a superpower.
The GDP growth rate of India has been sharply declining since 2010, it is now at 5.3%. This is not nearly good enough.
India’s GDP(PPP) per capita is $3,700. That is lower than many third world African nations.
37% of Indians live below the national poverty line.