The Economy of India and China Overtakes the United States.. By this date!

  • International
  • 11 July 2023
1

“Goldman Sachs” Bank has revealed that India will become the world's second-largest economy by 2075, surpassing not only Japan and Germany but also the United States. India is currently the world's fifth-largest economy after Germany, Japan, China, and the United States.

According to a recent report by the bank, in addition to growing populations, the outlook is driven by the country's progress in innovation and technology, increased capital investment, and increased worker productivity.

According to “Goldman Sachs”, this is the time for the private sector to expand capacity creation in manufacturing and services in order to create more jobs and absorb a large workforce.

Source (Al-Arabiya.net Website, Edited)

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