Business Standard

Tuesday, December 24, 2024 | 02:12 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

WEF 2023: India to become a $26 trillion economy by 2047, says EY report

The report says India is most likely to overtake Germany and Japan to become the third-largest economy after China and the US by 2030

Premium

Photo: Bloomberg

Asit Ranjan Mishra
India is likely to become a $26-trillion economy in 100th year of its Indepe­ndence in 2047 with per capita GDP growing six times from current level to over $15,000 during the period, EY said in a report released at the sidelines of the World Economic Forum at Davos. 

The report, titled “India@100: Realising the potential of a $26 trillion economy”, says India is most likely to overtake Germany and Japan to become the third largest economy after China and the US by 2030.

Carmine Di Sibio, global Chairman and CEO at EY, said India offers a unique investment

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in