PM Modi's Ethiopia Visit: India's Economic Might vs. African Growth

• PM Modi's three-nation trip includes Ethiopia, highlighting India's focus on new partners amid global economic shifts.
• India is the world's 5th largest economy, while Ethiopia ranks 62nd globally but is Africa's fastest-growing economy.
• Key economic metrics show India's GDP is 30-38x larger than Ethiopia's, with India's per capita GDP ~2.7x higher.
• Historical ties date back to the Axumite Empire; Ethiopia was the first African nation to open a diplomatic mission in New Delhi in 1948.
• India is Ethiopia's second-largest trading partner and a major FDI source, with over 650 Indian companies operating there.

Why It Matters: PM Modi's Ethiopia visit strengthens historical ties, boosting trade and investment between two growing economies.