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Will India Become a Developed Economy By 2047?

2024 • 5min • News • Business

Informative

Published On: July 11, 2024 - India, with its burgeoning population and increasing global influence, is poised to become a superpower by 2047, even if it doesn’t reach high-income status, according to Martin Wolf, chief economics commentator at the Financial Times. Nevertheless, this journey is laden with obstacles, such as a global economic slowdown and a fragile international environment.