By 2075, the Indian economy could rank second in the world in terms of GDP, surpassing the United States. In this respect reported In the report published by the American investment bank Goldman Sachs (GS).
According to GS analyst Santanu Sengupta, the Chinese economy will reach $57 trillion in 52 years. India takes the second place with 52.5 trillion dollars. Closes the top three economies of the USA – $51.5 trillion. The total GDP of the euro area will be at the level of 30.3 trillion dollars. At the same time, there is no mention of Russia in the forecast.
According to Sengupta, India will be able to achieve this result thanks to its workforce and development of its own skills. Therefore, the country will become the least dependent among the regional economies, which will increase its own production potential.
Forecast Goldman Sachs reported that the favorable demographic situation in the country will increase economic efficiency. However, the incomes of the population will increase and the financial sector will develop even more strongly. The combination of these factors will make India the most attractive for investment.
At the end of May, Bloomberg reportedThe Indian stock market reportedly reached a capitalization of $3.3 trillion and regained the fifth position in the ranking of the largest markets.
before in india declaration about whether leading US companies are ready to sharply increase investments.