India Will Become Third-Largest Economy By 2027: Morgan Stanley

India Will Become Third-Largest Economy By 2027: Morgan Stanley

• India is on track to become the world’s third largest economy by 2027, surpassing Japan and Germany, and have the third largest stock market by 2030, thanks to global trends and key investments the country has made in technology and energy, says Morgan Stanley.
• India’s GDP could more than double from $3.5 trillion today to surpass $7.5 trillion by 2031. Its share of global exports could also double over that period, while the Bombay Stock Exchange could deliver 11% annual growth, reaching a market capitalization of $10 trillion in the coming decade.

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Published date : 10 Nov 2022 04:36PM