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India Third Largest GDP by 2025

India Third Largest GDP by 2025

first_imgIndia could have the world’s third largest GDP by 2025 if its present growth rate holds, according to Indian Prime Minister Manmohan Singh.“However, it is in fact a very ambitious target given the current global  economic situation, which is full of uncertainties about the prospects in industrialized countries and their implications for global capital markets,” he said.The research firm Dun & Bradstreet recently projected that India will become a $5.6 trillion economy by 2020, representing a three-fold jump in the country’s GDP from $1.7 trillion last year. Related Itemslast_img