India will be third-largest economy by 2030

Finance minister Arun Jaitley said India is expected to become the third largest economy in the world by 2030 with GDP touching USD 10 trillion.

Currently, the size of the Indian economy is about USD 2.9 trillion.

“We keep oscillating between fifth and the sixth largest economy. As we look at the years ahead, we would be USD 5 trillion by 2024 and USD 10 trillion by 2030 or 2031. That is when we will be amongst first three — the US, China and India, and then we would in the rat race of the big three wanting to catch up. So, opportunities is going to expand,” Jaitley said

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