With a 2013 GNI per capita of $1,570, India has transitioned out of the low-income category and is now classified as an upper-middle-income country, also known as an industrializing or developing country.

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India's GNI per capita of $1,570 in 2013 would classify it as a lower-middle-income country, not an upper-middle-income country, according to World Bank classifications.

With a 2013 GNI Per Capita of $1,570, India Has