With the continuous growth of India, it is proving to be like a dream that today India has become the fourth largest economy by leaving behind an economy like Japan. This has been confirmed by CEO B V R Subramaniam in a press conference organized recently on 24 May. Also, sources have revealed that by 2027, India is expected to make its place in the third strongest economy.
With this, India has started working on its various goals by 2047. In terms of economy, today India is the fourth largest country after America, China, and Germany. Currently, India’s economy is 4.187 trillion dollars, which is more than Japan, India has achieved this feat by leaving Japan behind.
Impact on India’s economy, employment opportunities will increase.
As the economy grows, new employment opportunities keep getting created, which also provides employment to the common man. Be it technology, manufacturing or service sectors. Also, the growing economy improves the standard of living of the people. Continuous growth in the fields of health, education, infrastructure etc. will also increase the demand for goods and services in the coming time. With continuous growth, India is moving towards a developed India day by day.
