Posted 11/28/2023, 11:34:56 PM
India Forecast to Become World's Largest Economy by 2052, Surpassing US GDP of $45 Trillion
- India could become the world's largest economy by 2052 with a $45 trillion GDP, surpassing the US
- India is forecast to surpass Japan to become the 3rd largest economy by 2027
- By 2047, end of Amrit Kaal period, India's economy expected to reach $29 trillion
- India's growth estimated at 6.4% in current fiscal year, slowing until September 2024
- Post slowdown, India forecast to see cyclical recovery in growth from 2025 onwards