2.4 INDIA
2024-05-26
India’s economy continued its growth trajectory in fiscal year (FY) 2023-2024, overtaking the 7% expansion in the previous year and clocking in at 7.6% (estimated). This growth solidified India’s position as the fifth-largest economy in the world. Projections from IMF suggest that India is on track to become the fourth-largest economy globally by 2027, a testament to its rapid economic development.