Posted 2/17/2024, 5:14:32 AM
India Set to Become 3rd Largest Economy by 2027 Amid Struggles in Japan, UK
- Japan and UK recently entered recessions, highlighting financial struggles post-pandemic
- Projections suggest India will overtake Japan and Germany to become 3rd largest economy by 2026-2027
- India remains fastest growing large economy, projected 6.2% growth in 2024
- India benefiting as multinationals see it as alternative manufacturing base
- India poised to capitalize on opportunity to substantially contribute to global growth