India's Economy Poised to Become 3rd Largest by 2030, Driven by Domestic Demand and Digital Growth
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India's GDP is projected to reach $7.3 trillion by 2030, making it the world's 3rd largest economy ahead of Japan.
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India's economy has shown strong growth recently, with projected 6.2-6.3% GDP growth in 2023-24 fiscal year.
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Growth is driven by domestic demand, rising incomes, large and growing middle class, and increased foreign investment.
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Digital transformation with expanding internet access is expected to accelerate e-commerce and benefit Indian unicorn startups.
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India remains one of the fastest growing economies globally, making it an attractive long-term market across industries.