INDIA SET TO BECOME WORLD'S 3RD-LARGEST ECONOMY: VAISHNAW

India is set to become the world's third-largest economy in the coming years, speakers said at the World Economic Forum 2026.

- TDG NETWORK

Source: Economic Analysis (Illustrative data for graphic presentation). Note: Subject to ongoing economic changes.

Union Minister Ashwini Vaishnaw on Wednesday said India is poised to become the world's third-largest economy in the next few years, driven by a decade of “well thought-through” structural changes and focused execution.

Speaking at the World Economic Forum 2026, Vaishnaw outlined a trajectory in which the country is expected to sustain a real growth rate of 6 to 8 per cent. He attributed this momentum to four strategic pillars: massive public investment in physical, digital and social infrastructure; inclusive growth to ensure that “the entire society grows along with the growth of the country”; a strong push for manufacturing and innovation; and a rigorous drive towards simplification.

“All this, combined with the base of technology that we have put in, we can very clearly say that India is going to grow with a 95 per cent confidence interval in the next five years,” Vaishnaw said, stressing that the “security of the poorest comes as a priority”.