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India’s GDP to Reach $5.7 Trillion

Kumari Sonali

India’s GDP to Reach $5.7 Trillion:

According to Morgan Stanley, India’s GDP is projected to expand to $5.7 trillion by fiscal 2028, making it the third-largest economy in the world, surpassing Germany and Japan. Currently the fifth-largest economy, India is expected to overtake Japan by 2026 to become the fourth-largest. The country’s share in global GDP is set to rise from 3.5% in 2023 to 4.5% in 2029, driven by strong macroeconomic policies, improved infrastructure, and a growing consumer market. The report also outlines different growth scenarios, with GDP potentially reaching $10.3 trillion by 2035 in a bullish case.

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