India's Economy Soars to Become World's 3rd Largest by 2027; Jio, TCS, HDFC Bank Lead Top Companies
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Reliance Industries Ltd, Tata Consultancy Services Ltd, and HDFC Bank Ltd are among the top Indian companies across sectors like telecom, IT services, and banking.
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India is projected to become the world's 3rd largest economy by 2027 with an expected GDP of over $5 trillion. The MSME sector will play a key role.
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India's economy grew 7.8% in Q1 2023, driven by high domestic demand, private investments, manufacturing and construction.
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Jio Platforms, a subsidiary of Reliance Industries, launched satellite-based broadband service JioSpaceFiber across India.
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The top 5 most valuable Indian companies are Reliance Industries, TCS Group, HDFC Bank, Infosys and ICICI Bank with market caps between $80 billion to $185 billion.