India’s will become 3rd largest economy by 2035 : CEBR
27/12/2022
British consultancy Center for Economics and Business Research (CEBR) has said that India will become the third largest economy by 2035 from the current fifth position.
In its annual World Economic League Table, the Centre for Economics and Business Research said that over the next five years, India’s annual rate of GDP growth is expected to average 6.4% after which growth is expected to average 6.5% in the subsequent 9 years.
The reported growth trajectory will see India move from fifth in the world economic league table in 2022 to third in global rankings by 2037, behind China and the United States.