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Given the size of India’s states and a predicted growth rate of at least 7.5 per cent over the next five years, the potential benefits of integration for investors are huge. In population terms, Uttar Pradesh is equivalent to Brazil, Maharashtra would be Mexico, while Bihar is on par with the Philippines. Telangana, India’s 12th-largest state, is comparable to Canada. “India’s states can be compared to major countries around the world,” McKinsey analysts including Jaidit Brar wrote in a report in October.