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India poised to become world's third largest economy by 2030: S&P
According to global rating agency S&P Global, India will become the world's third-largest economy by 2030. The rating agency said that the country's GDP growth is expected to reach 7 per cent in the financial year 2026-27. Know what is the current situation of India and what India should focus on to become the third largest economy.
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“India poised to become world's third largest economy by 2030: S&P”
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5 Dec 2023
Global rating agency S&P has today given big and good news about India's economy.
S&P Global Ratings said India will become the world's third-largest economy by 2030. The rating agency said that the country's GDP growth is expected to reach 7 per cent in the financial year 2026-27.
S&P said, "The growth rate will be 6.4 per cent in the next financial year (2024-25), after which it will be 6.9 per cent in the next financial year and 7 per cent in 2026-27. India is set to become the third largest economy by 2030. ", and we expect it to be the fastest growing major economy over the next three years."
