India on track to become third-largest economy – report  ...News

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The South Asian country’s GDP is expected to reach $10 trillion by the end of the decade India is on track to become the third-largest economy in the world by 2031, according to S&P Global. It is currently the fifth-largest economy in the world, behind the US, China, Japan, and Germany. Analysts expect the country to become a $10 trillion economy by the end of this decade.  S&P forecasts 6.7% annual GDP growth for the country in its latest report. According to government data, GDP expanded by 8.2% in fiscal year 2023-24 and 7.2% in the prior fiscal year, solidifying India’s position as the world’s fastest-growing

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