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India set to replace US as world’s second-largest economy – Goldman Sachs
The rise will be driven by technology, capital investment and demographics, a report has said India will surpass the US to become the world’s second-largest economy by 2075, Goldman Sachs has predicted, citing capital investment and favorable demographics. The country is currently the world’s fifth-largest economy, behind the US, China, Japan and Germany. In an article published last week, the investment bank’s India economist, Santanu Sengupta, projected that the country’s GDP would reach $52.5 trillion, trailing only China at $57 trillion. On top of a burgeoning population, India’s growth is expected to be drive

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