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India to be world’s third-largest economy after US and China by 2028www.livemint.com/economy/india-to-become-worlds-third-largest-economy-by-2028-gdp-growth-projected-to-hit-5-7-trillion-morgan-stanley-11741874834090.html
322 sats \ 4 comments \ @Coinsreporter 13 Mar econ
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said.
From a USD 3.5 trillion economy in 2023, the Indian economy is projected to expand to USD 4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany. In 2028, India will overtake Germany as its economy will expand to USD 5.7 trillion.
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20 sats \ 1 reply \ @SimpleStacker 13 Mar
Bullish on India! Don't bet against a country with that many people.
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30 sats \ 0 replies \ @Coinsreporter OP 13 Mar
And still increasing very rapidly. I don't see a fallback until it's 1.8 Billion in total. I'm just a bit concerned about the unemployment problem we're already facing.
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20 sats \ 1 reply \ @Cje95 13 Mar
I don’t realize Germany was still so big…. Given how the country’s industrial base has been collapsing for years!
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0 sats \ 0 replies \ @Coinsreporter OP 13 Mar
It's been rising, albeit slowly. It has seen highest growth in Europe over the last 50 years or so and it was even no. 2 for quite a long time before China took its place. https://www.macrotrends.net/global-metrics/countries/deu/germany/gdp-gross-domestic-product
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