
India to be 3rd largest economy by 2027: Morgan Stanley
India to add $400 bn to economic growth every year and its m-cap will rise from $3.4 tn to $11 trillion by 2032.
India to add $400 bn to economic growth every year and its m-cap will rise from $3.4 tn to $11 trillion by 2032.
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.