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India is ranked 40th in the Global Innovation Index in 2023. [324] As of 2023, India's consumer market was the world's fifth largest. [325] Driven by growth, India's nominal GDP per capita increased steadily from US$308 in 1991, when economic liberalisation began, to US$1,380 in 2010, to an estimated US$2,731 in 2024.
The English word car is believed to originate from Latin carrus/carrum "wheeled vehicle" or (via Old North French) Middle English carre "two-wheeled cart", both of which in turn derive from Gaulish karros "chariot".
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