Pickin' up the pieces

India is now America’s fourth largest economy behind China and Japan. Numbers from 2010 show that the Japanese economy at 4.31 trillion dollars worth of 4.06 trillion dollars, with India was snapping at his heels. After the devastating tsunami and earthquake of March, Japan’s economy is widely expected to contract, while India’s economy will grow between 7% and 8% this fiscal year. “PPP in 2011 to India to overtake Japan to become the third largest economy in the world should” Sunil Sinha, head of research and senior economist at Crisil said.