Indian economy is expected to grow at healthy average rate of close to 7% going forward from here for next 2-3 financial years as estimated by major global financial institutions.
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S&P Global and Moody's Ratings both retained India's growth forecast at 6.8% for FY25.
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S&P Global report also said last week that India is on track to becoming the third-largest economy by 2030-31.
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International Monetary Fund (IMF) too had revised upwards the country’s growth forecast to 7% from its earlier projection.
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Jamie Dimon expressed recently that India will become a 7 trillion economy by the end of 2030.
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James Sullivan expects a massive $100 billion of inflows coming into India over the next few years.
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John Chambers, who heads the India US Strategic Partnership Forum said, "I always try to think far out. India will probably be 90 to 100% larger than China at the end of the century and (by a) 30 to 40% margin of the US.
All Such growth forecasts are quite impressive especially when most of the other countries are facing slowdown worries. The US is looking down towards recession. China on the hand is already struggling with slowing GDP rate. Most of the developed economies have got caught up with economic uncertainties. Indian economy on the other hand has not only been resilient to all global uncertainties but also progressing very well.