Super-cycle: Standard Chartered says India likely to become 3rd largest economy by 2030

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India is likely to become the third largest economy by 2030 behind China and the USA (Reuters) India is likely to become the third largest economy by 2030 behind China and the USA (Reuters)
SummaryIndia is likely to be the third largest economy with a GDP size of USD 15 trillion by 2030

of Macroeconomic Research John Calverley said.

Calverley further added that "while we have lowered our long-term forecasts for China, India and Europe, the case for an emerging markets-led super-cycle still holds. Successful reforms will be critical for these economies to realise their catch-up potential."

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