India’s GDP to double over next decade – FT ...News

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The country is expected to outperform China in terms of growth India will become the world’s third largest economy by 2027, with its GDP more than doubling from the current $3.4 trillion to $8.5 trillion over the next 10 years, the chief Asia economist at Morgan Stanley wrote in a column for the Financial Times on Tuesday. India’s market capitalization is projected to rise to $11 trillion by 2032, retaining the status of the third biggest economy globally, Chetan Ahya wrote.  According to the analyst, India will add more than $400 billion to its GDP every year, a scale that will only be outpaced by the US and Chin

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