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India may be third largest economy after 2030: Study

Industry Economy

According to the UK think tank Centre for Economics Business and Research (CEBR), China will overtake the US as the largest economy in the world in 2029 with the US slipping to second place and India close behind at third. However, India will become the largest economy in the Commonwealth in 2019 when its economy overtakes the British economy. The study also says that India is finally starting to catch up with China and will eventually overtake the Communist-giant in the second half of the century.

Extracted from HBL, Dec 27,’15

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