As per the World Bank categorisation, India is a lower-middle-income country. As the seventh largest economy in the world, in 2020, India had a Gross Domestic Product (GDP) of 2.6 trillion US dollars (World Bank, 2020a). Moreover, the GDP per capita in India was recorded as 1927 US dollars in 2020 (World Bank, 2020b).

References:

World Bank. (2020a). GDP per capita, India | Data. Available from  https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=IN

World Bank. (2020b). India | Data. Available from https://data.worldbank.org/country/india