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India to be third-largest economy by 2028: Morgan Stanley
Financial Express Kochi
|March 14, 2025
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 $3.5-trillion economy in 2023, the Indian economy is projected to expand to $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 $5.7 trillion.
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