India began to see economic growth between 1000 A.D. and 1500 A.D.

According to the book written by Angus Maddison, India's economy was grown during 1000 AD-1500 AD with a 20.9 percent GDP growth rate.

According to the book written by Angus Maddison, India's economy was grown during 1000 AD-1500 AD with a 20.9 percent GDP growth rate.Contours of the World Economy, 1–2030 AD: Essays in Macro-Economic History is a book by Angus Maddison who is a former Head of the OECD Economics Division, published in 2007 by Oxford University Press. The book reveals the growth of populations and economies across the centuries. He also wrote The World Economy: Historical Statistics, which was published in 2004 by the OECD Development Centre. Later in March 2010, The Maddison Project was launched to continue the work of Angus Maddison.

According to Angus Maddison's calculations, in 1000 AD, China and India together contributed 50.5% of world GDP. India had the largest economy till 1000 AD (with a GDP share of 28.9 percent in 1000 AD) and by 1600 AD, that share had gone up to 51.4%, with China accounting for 29% and India 22.4% of the world GDP. By 1820, however, India’s share had fallen to 16.1%. By 1870, it went down to 12.2% (Refer Page No:2 on India Budget -Figure 1: Global contribution to the world’s GDP by major economies from 1 AD to 2003 AD).