S&P Forecasts: India to Become World's 3rd Largest Economy by 2030 with GDP Growth Reaching 7%
• India projected to become world's 3rd largest economy by 2030, forecasts S&P • S&P predicts India's GDP growth to reach 7% in fiscal year 2026-27 • Growth rate expected at 6.4% in 2023-24 and 2024-25 before rising to 6.9% • India seen as fastest-growing major economy over next 3 years • S&P highlights opportunities in manufacturing, workforce development, digital economy