š®š³ India is emerging as a strong economy..
- Shiva YT
- Oct 25, 2023
- 1 min read
By 2030, India will grow into a stronger economy. š° S&P Global Market Intelligence said this. By 2030, India will become the third largest economy in the world with a GDP of 7.3 trillion dollars. š

India is poised to become Asia's second largest economy by overtaking Japan, S&P Global India Manufacturing said in its latest Purchasing Managers' Index report. š Meanwhile, after rapid economic growth in 2021 and 2022, the Indian economy continues to show strong growth in fiscal 2023. š¹
According to S&P Global India Manufacturing estimates, GDP will grow by 6.2 to 6.3 percent in FY24. š¹ With this, the Indian economy will become a major developing economy. š¹ Asia's third largest economy grew at 7.8 percent in the April-June quarter. š¹ According to this calculation, if the economy continues to grow like this.. it seems certain that India will come in second place. š S&P says that strong growth in domestic demand is a positive factor. š
šŗšø It is known that America is at the top. After that, China is in the second place and Japan is in the third place. š However, market sources predict that India's GDP will surpass Germany's by 2030 if the current growth in India continues. š¹ And by 2039, 110 crore Indians will have internet access in India, and with the availability of 5G network, e-commerce will grow significantly as e-commerce in the country will shift from 4G to 5G technology. š













































