Economic boom: India to pip Germany, become 3rd-largest economy by 2030! Key factors driving growth

India’s economy is set to accelerate, projected to be the world’s fastest-growing major economy through 2025-2026 and become the third-largest globally by 2030. This growth is fueled by strong fundamentals, favorable demographics, and a surge in consumer spending, particularly in premium goods and services, driven by rising incomes and digital integration.