Its GDP is expected to grow by 6.2% in 2024 and is poised to retain the top spot as the fastest-growing major economy in the world. With a projection of crossing $7.3 trillion in GDP, India is likely to move into the third spot among world economies by 2030. India’s resilient march has continued on the back of strong domestic demand despite global macro uncertainties. A steady focus on macro stability and sustainable fundamental growth has ensured that the Indian economy remains robust in an uncertain global environment that has been marked by geopolitical tensions, inflationary pressure and tight liquidity conditions.
This story is from the February 2024 edition of Investors India.
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This story is from the February 2024 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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