India's Economic Surge: Becomes 4th Largest, Goldman Sachs Predicts 2nd by 2075

• India has become the world's 4th largest economy with a GDP of $4.18 trillion, surpassing Japan, and is set to overtake Germany for 3rd place soon.
• Goldman Sachs predicts India will be the world's 2nd largest economy by 2075, with a GDP of $52.5 trillion, surpassing the United States.
• China is projected to remain the largest economy by 2075 ($57 trillion), followed by India and the US ($51.5 trillion).
• Factors driving India's growth include a young population, vast consumer markets, technology, digitalization, and supportive government policies.
• This economic rise is expected to bring increased employment, better salaries, improved living standards, and long-term inflation control for common people.

Why It Matters: India's rapid economic growth positions it as the 4th largest globally, projected to be 2nd by 2075.