Despite slowdown the Indian economy likely to grow to $7 trillion by 2030: Deutsche Bank
Shortpedia
Content Team
Image Credit: shortpedia
Despite India witnessed the major economic slowdown in the year 2019, still, India's economy is likely to grow two and half times to $7 trillion by 2030, from about $3 trillion now, making India the world’s third-largest economy. This implies that nominal GDP growth is likely to average just over 10% through the next decade, Deutsche Bank said in a research report, Imagine 2030, while economic growth will not change much.
