India is indeed poised to play a significant role in shaping the global economy. While it currently ranks as the fifth-largest economy in the world, there are several indications that it could climb higher:

G20 Presidency and Diplomatic Influence: In 2023, India assumed the presidency of the G20, showcasing its economic prowess and diplomatic finesse. Its emphasis on a rule-based international order, collaboration, and democratic values positions it as a stabilizing force in global geopolitics

IMF Projections: According to recent IMF projections, India is likely to surpass Germany and Japan to become the third-largest economy in the world by 2027, trailing only the USA and China

Goldman Sachs Forecast: Goldman Sachs predicts that India could leapfrog not just Japan and Germany but also the U.S. to become the world’s second-largest economy by 20753.

While becoming the biggest economy globally is a long-term goal, India’s progress is remarkable, and it continues to make strides toward economic growth, digital development, and climate action. 🌟🇮🇳

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