India to drive a 5th of global growth: Morgan Stanley
ECONOMY & POLICY

India to drive a 5th of global growth: Morgan Stanley

According to Morgan Stanley, India's size and scale are key assets that will enable it to become the world's third-largest economy by 2027.

Morgan Stanley predicts that the country's GDP will double over the next ten years, from $3.4 trillion to $8.5 trillion.

"India will add more than $400 billion to its GDP every year, a scale that is only surpassed by the US and China," according to the report. It also forecasts that India's market capitalisation will rise from $3.4 trillion to $11 trillion by 2032, making it the world's third largest.

These projections, however, are supported by favourable domestic and global forces. Domestically, it is critical to shift policy away from redistribution and towards boosting investment and job creation.

Also Read
Hyderabad sees registration of homes worth Rs 22.37 bn in Oct
Praj and ESIIC enter into agreement to expedite bioeconomy in Egypt

According to Morgan Stanley, India's size and scale are key assets that will enable it to become the world's third-largest economy by 2027. Morgan Stanley predicts that the country's GDP will double over the next ten years, from $3.4 trillion to $8.5 trillion. India will add more than $400 billion to its GDP every year, a scale that is only surpassed by the US and China, according to the report. It also forecasts that India's market capitalisation will rise from $3.4 trillion to $11 trillion by 2032, making it the world's third largest. These projections, however, are supported by favourable domestic and global forces. Domestically, it is critical to shift policy away from redistribution and towards boosting investment and job creation. Also Read Hyderabad sees registration of homes worth Rs 22.37 bn in Oct Praj and ESIIC enter into agreement to expedite bioeconomy in Egypt

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?