By 2075, India could climb to the second spot globally in GDP, potentially surpassing the United States. This projection comes from a report released by Goldman Sachs, a leading American investment bank, and is frequently cited in analyses of long-term global growth trajectories.
Goldman Sachs analyst Santanu Sengupta projects that China may reach about 57 trillion dollars in GDP over the next five decades, with India following closely in second place at around 52.5 trillion dollars. The United States is anticipated to remain in the top three with an estimated 51.5 trillion dollars, while the euro area’s total GDP could hover near 30.3 trillion dollars. The forecast notably does not include Russia in the top tier of economies for the period analyzed.
According to Sengupta, India’s potential rests significantly on its sizable and evolving workforce and the rapid development of domestic skills. This combination is expected to reduce dependence on external sources and to bolster the country’s production capacity across sectors. The result would be a more self-reliant economy with greater internal momentum for growth.
The Goldman Sachs forecast highlights a demographic outlook that could boost economic efficiency in India. As incomes rise, consumer demand is likely to grow, and the financial sector is expected to deepen and broaden, contributing to stronger capital markets and more sophisticated financial services. In this scenario, India could become increasingly attractive to domestic and foreign investors seeking opportunities in a dynamic, expanding economy.
By the end of May, Bloomberg reported that the Indian stock market had reached a market capitalization around 3.3 trillion dollars, reclaiming the fifth position among the world’s largest markets. This development reflects continued investor interest and an expanding domestic equities landscape, alongside broader economic reforms and growth catalysts that support capital formation.
Overall, the dialogue around India’s growth prospects includes questions about the pace and sustainability of investment by leading multinational corporations. Observers note that if U.S. and other foreign firms decide to ramp up investments in India, it could accelerate the country’s path toward the top tier of global economies, reinforcing confidence in India as a major destination for research, development, and manufacturing activity. Analysts emphasize that policy stability, infrastructure improvements, and skill development will be key factors in translating optimistic projections into realized growth over the coming decades, with benefits spilling over into employment, technology transfer, and market expansion across sectors.