According to the recent announcement, India will become the second largest economy of Asia by the year 2030.

According to the recent announcement, India will become the second largest economy of Asia by the year 2030.

Daily Current Affairs / According to the recent announcement, India will become the second largest economy of Asia by the year 2030.

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Category : Business and economics Published on: October 26 2023

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Recently S&P Global Market Intelligence released its report regarding the global economy.
According to this report, India will become the second-largest economy of Asia by the year 2030.
India's economy will reach 7.3 trillion dollars in the year 2030.
India will leave Japan behind with $7.3 trillion.
Apart from this, India will also become the fifth largest economy in the world by the year 2030.
The United States currently remains the world's largest economy with a GDP of $25.5 trillion.
China holds the second position with a GDP of about $18 trillion.
Japan is at third place with a GDP of $4.2 trillion and Germany is at fourth place with a GDP of $4 trillion.
India ranks fifth with an economy of $3.5 trillion.

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