News > India to become world's third-largest economy by 2027: Jefferies

India to become world's third-largest economy by 2027: Jefferies

Jefferies, a global brokerage firm, envisions India’s trajectory anchored by robust GDP growth, favourable geopolitical factors, and ongoing reform initiatives, the country has witnessed significant economic expansion over the past decade, propelling it from the 8th-largest to the 5th-largest global economy. India’s GDP has experienced a CAGR of 7% in USD terms, reaching $3.6 trillion which sets the stage for India’s further ascent.