Uday Kotak, Billionaire, and CEO of Kotak Mahindra Bank, on Saturday took to social media and said that it was a proud moment for India to pip United Kingdom, as the 5th largest economy. In a tweet, he said, "Proud moment for India to pip UK, our colonial ruler, as the 5th largest economy: India $3.5trn vs UK $3.2trn.But a reality check of population denominator: India: 1.4 bn vs UK.068 bn.Hence,per capita GDP we at $2,500 vs $47,000. We have miles to go…Let’s be at it!." Uday Kotak's comment came Britain dropped behind India to become the world's sixth largest economy.

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