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India will be third-largest economy by 2027, Morgan Stanley predicts

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Content Team
Image Credit: NewsBytes

The future of the Indian economy seems promising as the global financial services giant Morgan Stanley predicted that the country will become the world's third-largest economy by 2027. The expansion of public digital infrastructure as well as adjustments to policy to encourage investment and employment have been cited as the reasons for this. Currently, India is ranked number five in the world's economy rank.