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India’s economy to grow at 6.7% annually to 2040, driven by youth, services, and digital infrastructure.
India’s economy is projected to grow at 6.7% annually from 2025 to 2040, outpacing China, with nominal GDP exceeding $11 trillion by 2040 and per capita income rising to $7,000, according to a DBS Group Research report.
A large youth population, with nearly 26% aged 10–24, offers demographic potential, but challenges remain in agriculture and informal employment.
Service exports, growing at 8% annually since 2012, are expected to reach $480 billion by 2030 and $650 billion by 2040, supported by digital infrastructure like UPI and IndiaStack.
Success depends on reforms in education, health, skilling, and digitalization, alongside coordinated progress in diversification and decarbonization.
La economía de la India crecerá un 6,7% anual hasta 2040, impulsada por la juventud, los servicios y la infraestructura digital.