India’s economy could hit $7 trillion this decade, double by mid-2030s

AI Summary

India's economy is projected to hit $7 trillion by 2030 and double to $14 trillion by the mid-2030s, with a long-term outlook of $25-30 trillion by 2047. Strengthening bilateral ties with the US are underscored by forthcoming trade deals and potential high-level presidential visits.

India's economy is projected to reach $7 trillion by 2030, with ambitions for $14 trillion by mid-2030s and $25-30 trillion by 2047, according to Ambassador Vinay Mohan Kwatra. Meanwhile, the US Ambassador to India, Sergio Gor, expressed optimism about finalizing an interim trade deal soon and hinted at a potential visit by President Trump to India next year, underscoring strengthening bilateral ties.