Musk: Global Power Balance Shifting as India Rises in GDP Growth
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Firstpost31-01-2026, 13:49

Musk: Global Power Balance Shifting as India Rises in GDP Growth

  • Elon Musk highlights a changing global power balance, citing India's significant contribution to future GDP growth.
  • India ranks second globally, contributing 17% to real GDP growth by 2026, behind China (26.6%).
  • China and India together account for 43.6% of global growth, with Asia-Pacific contributing 50%.
  • India's Economic Survey projects FY27 growth between 6.8-7.2% and FY26 growth at 7%.
  • India has surpassed Japan as the world's fourth-largest economy and is set to overtake Germany by 2030.

Why It Matters: Elon Musk notes a global power shift with India emerging as a major economic growth driver.

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