Story perspectives
India's Economy Projected to Hit $20.7 Trillion by 2030
8/29/2025
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Story summary
- An EY report projects India's economy may reach $20.7 trillion (PPP) by 2030 and $34.2 trillion by 2038.
- India's young workforce, high savings rates, and improving fiscal health enhance its economic position compared to aging economies.
- Despite US tariffs, India's growth is projected at 6.5% for 2025-26, indicating a strong economic trajectory.
- Structural reforms and digital transformation are boosting India's competitiveness and resilience.
