India to Be World’s Third-largest Economy by 2030, Says S&P Global

India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes, S&P Global Market Intelligence has projected. Currently, India is in the fifth position. That will result in India becoming the second-largest economy in the Asia-Pacific region, after China. Only the United States is a bigger economy than China now.