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India may emerge as second-largest economy by 2038

Name: India may emerge as second-largest economy by 2038
Uploaded: Thu, 28 Aug 2025 14:31:49 +0530
Channel: Rediff Video Desk
Description: India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday.The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.

India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.

Uploaded by: Rediff Video Desk on Thu, 28 Aug 2025 14:31:49 +0530

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