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India Could Be World's Number 2 Economy By 2075: Goldman Sachs Report

India Could Be World's Number 2 Economy By 2075: Goldman Sachs Report

NDTV
Tuesday, July 11, 2023 04:31:38 AM UTC

The report warned that India's big opportunity may be lost if its labour force participation does not increase

The GDP of India, powered by its 1.4 billion population, is expected to expand dramatically and the country will become the world's second-largest economy by 2075, a research by Goldman Sachs has found.

Santanu Sengupta, Goldman Sachs Research's India economist, has said India's key to utilise the potential of its growing population is to boost participation within its labour force and training and skilling its talent pool.

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