{"id":171161,"date":"2025-03-18T13:36:25","date_gmt":"2025-03-18T08:06:25","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=171161"},"modified":"2025-03-18T13:36:27","modified_gmt":"2025-03-18T08:06:27","slug":"indias-gdp-to-reach-5-7-trillion-becoming-third-largest-by-2028-morgan-stanley","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/indias-gdp-to-reach-5-7-trillion-becoming-third-largest-by-2028-morgan-stanley\/","title":{"rendered":"India\u2019s GDP to Reach $5.7 Trillion, Becoming Third Largest by 2028: Morgan Stanley"},"content":{"rendered":"\n<p>According to a report from Morgan Stanley, India\u2019s GDP is on track to grow to an impressive $5.7 trillion by the fiscal year 2028, which would make it the third-largest economy in the world, surpassing both Germany and Japan. Right now, India holds the title of the fifth-largest economy, but it\u2019s expected to leapfrog Japan by 2026, claiming the fourth spot. The nation\u2019s share of the global GDP is projected to increase from 3.5% in 2023 to 4.5% by 2029, thanks to robust macroeconomic policies, better infrastructure, and a booming consumer market. The report also discusses various growth scenarios, suggesting that in a best-case scenario, GDP could soar to $10.3 trillion by 2035.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Highlights<\/h3>\n\n\n\n<p><strong>Projections<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>India\u2019s Current Position<\/strong>: The fifth-largest economy after the US, China, Germany, and Japan in 2023.<\/li>\n\n\n\n<li><strong>Growth Projection:<\/strong>\u00a0GDP is expected to rise from $3.5 trillion in 2023 to $4.7 trillion in 2026, overtaking Japan to become fourth-largest.<\/li>\n\n\n\n<li><strong>By 2028:<\/strong>\u00a0India will surpass Germany, reaching $5.7 trillion, making it the third-largest economy after the US and China.<\/li>\n<\/ul>\n\n\n\n<p><strong>Historical Position<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1990 \u2013 12th largest economy<\/li>\n\n\n\n<li>2000 \u2013 13th position<\/li>\n\n\n\n<li>2020 \u2013 9th position<\/li>\n\n\n\n<li>2023 \u2013 5th position<\/li>\n<\/ul>\n\n\n\n<p><strong>Global Share of GDP<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Expected to increase from 3.5% in 2023 to 4.5% in 2029.<\/li>\n<\/ul>\n\n\n\n<p><strong>Short-Term Growth<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>FY 2025 GDP growth \u2013 Expected at 6.3%<\/li>\n\n\n\n<li>FY 2026 GDP growth \u2013 Expected at 6.5%<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>According to a report from Morgan Stanley, India\u2019s GDP is on track to grow to an impressive $5.7 trillion by the fiscal year 2028, which would make it the third-largest economy in the world, surpassing both Germany and Japan. Right now, India holds the title of the fifth-largest economy, but it\u2019s expected to leapfrog Japan [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":171162,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5364],"tags":[82,4939],"offerexpiration":[],"class_list":["post-171161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-march-2025","tag-economy-current-affairs","tag-ranks-report-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/171161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=171161"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/171161\/revisions"}],"predecessor-version":[{"id":171163,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/171161\/revisions\/171163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/171162"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=171161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=171161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=171161"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=171161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}