Overview

• India, currently the fifth largest economy at $4.3 trillion, is projected to become the third largest within three years, overtaking Germany and Japan.
• By 2047, India's economy could reach $30 trillion, positioning it as the world’s second largest economy.
• NITI Aayog highlights India's demographic advantage, with Indian professionals increasingly sought after in aging societies like Japan and Germany.
• India aims to transition into a knowledge economy, leveraging its democracy and potential as a global education hub.
• Indian companies, including law and accounting firms, are encouraged to pursue global leadership in their respective fields.