Current Affairs - Economy - Discussion

According to Morgan Stanley, India’s GDP is projected to reach $5.7 trillion by 2028, making it the third-largest economy globally, surpassing Germany and Japan. Currently, India is ranked fifth but is expected to overtake Japan by 2026 to become the fourth-largest economy. This growth is driven by strong macroeconomic policies, improved infrastructure, and a growing consumer market, which will increase India’s share of global GDP from 3.5% in 2023 to 4.5% in 2029.