India can become $10 trillion economy by 2032; poised to overtake major global economies in manufacturing: Report

Indian economy to add USD 1 trillion to its GDP every 1.5 years over the next six years, according to a report by IDBI Capital. The report highlighted that India is on the verge of a major transformation, aiming to become a USD 10 trillion economy by 2032, positioning itself as the third-largest economy globally by 2030. “By adding USD 1tn every 1.5 years going forward, India is forecasted to emerge as the third-largest global economy over the next six years,” said the report. … Continue reading India can become $10 trillion economy by 2032; poised to overtake major global economies in manufacturing: Report