Reaching its peak by 2040, India is going to lead the world thereon, says IIM director

Reaching its peak by 2040, India is going to lead the world thereon, says IIM director

Indian Institute of Management director predicts India's economic peak by 2040, leading world for next 25 years.

India has doubled its GDP in a decade and is overtaking the world's largest economies. They are on track to overtake Japan, and will overtake Germany in the coming years.

India on track to surpass Japan's GDP, could overtake Germany by 2027: IMF

India's Gross Domestic Product (GDP) has more than doubled in the past decade, rising from $2.1 trillion in 2015 to an estimated $4.3 trillion in 2025.

Driven by rapid growth, India's financial system more resilient and diverse: IMF

The IMF report said that since the last FSAP in 2017, India’s financial system has become more resilient and diverse, driven by rapid economic growth

India's GDP Hits $4.3 Trillion, Doubling in 10 Years, Leading Global Expansion

India has been the fastest-growing major economy globally for the past 10 years, with the most recent data from the International Monetary Fund (IMF) showing a remarkable 105% growth over the last ten years. According to the IMF, India’s GDP now stands at $4.3 trillion, up from $2.1 trillion in the year 2015, when Narendra Modi’s 1st term as prime minister was less than a year old. Since then, India has more than doubled its GDP. India will almo…

India's GDP Doubles in 10 Years – Fastest Growing Economy in the World - ViralPosts

According to the IMF, India’s real GDP growth rate for the current year is expected to be 6.5 percent, which shows that the economy is expanding steadily and strongly. After accounting for inflation, real GDP growth is the rise in the value of the nation’s produced products and services. India’s economy is among the fastest-growing in the world. The International Monetary Fund (IMF) claims that over the past ten years, India’s GDP has doubled. B…