New Delhi, March 15 (IANS). India is leading to becoming the third largest economy in the world by 2028, which will overtake Germany. This claim has been made in a report by Morgan Stanley, a global financial services company.
According to the report, India’s GDP (GDP) is expected to reach $ 4.7 trillion by 2026. By 2028 it will reach $ 5.7 trillion, leaving India behind Germany to become the third largest economy. This extraordinary growth is not a coincidence, but a result of years of vision and adventure economic reforms. When Prime Minister Narendra Modi took power, he had set a strong direction for the rejuvenation of the country.
Campaigns like ‘Make in India’ and ‘Digital India’ launched by Prime Minister Modi gave birth to a wave of industrial innovation, which converted villages into manufacturing centers and cities into rich economic centers. These initiatives not only increased industries, but also took important steps towards India becoming a digital superpower. The huge infrastructure projects in India not only changed the form of the country, but also attracted global investors. Along with connecting millions of people due to the digital revolution, many major reforms gave India a prominent place on the global economic map.
India’s growth is the real form of the aspirations of 1.4 billion people. The main reason for this progress is the youth and ambitious workforce of the country, which is crossing new milestones every day.
From tax reforms to financial inclusion, renewable energy to state -of -the -art technology, in every aspect, the country has made favorable changes in India’s economic reforms. These reforms have not only accelerated the economy, but have established India as a global economic power. As India’s economy is moving towards height, it is clear that the future belongs to India. While the world is struggling with uncertain global economic conditions, India is developing rapidly with its strong economic policy and developmental approach.
-IANS
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