India set to become world’s third largest economy by 2030

India is set to become the third-largest economy globally by the fiscal year 2030-31, with projections indicating its nominal GDP will nearly double from $3.6 trillion to over $7 trillion. This anticipated growth rate of 6.7% would also elevate India to the upper-middle-income category. Economic Performance and Growth Outlook India’s economy has demonstrated remarkable resilience, […]