EIA: “In 2011, India was the fourth largest energy consumer in the world after the United States, China, and Russia. India’s economy grew at an annual rate of approximately 7 percent since 2000 and proved relatively resilient to the 2008 global financial crisis. India was the 10th largest economy in the world in 2011, as measured by nominal gross domestic product (GDP). In the International Energy Outlook 2011, EIA projects India and China to account for the biggest share of Asian energy demand growth through 2035. Risks to economic growth in India include high debt levels, infrastructure deficiencies, and political polarization between the country’s two largest political parties.”
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