India poised to become world's third-largest economy by 2030: S&P
Image Credit: economic times
India is on its way to becoming the world's third-largest economy by 2030, surpassing both Japan and Germany, as reported by S&P Global Ratings. The report forecasts that India's GDP growth will hit 7% in the 2026-27 fiscal year. At present, India holds the position of the fifth largest economy, having overtaken the United Kingdom in 2022.