A report shared by S&P Global rating on India’s fastest growing economy which said, India will remain the fastest-growing major economy for at least the next three years, setting it on course to become the world’s third-largest economy by 2030.
According to the sources, India is currently the world’s fifth-largest economy, to grow at 6.4% this fiscal and estimates growth will pick up to 7% by fiscal 2027.
Additionally, India has one of the youngest working populations in the world, with nearly 53% of its citizens under the age of 30.
