India Set to Surpass US as Second-Largest Economy by 2075: Goldman Sachs

India is projected to surpass the United States and become the world's second-largest economy by 2075, according to a report by Goldman Sachs Research. The report predicts that India's GDP will reach $52.5 trillion, surpassing America's GDP, which is expected to be $1 trillion lower at that time. China is also expected to overtake the US and become the largest economy in the 2030s. India's population, favorable demographic ratio, and potential for capital investment are cited as key factors driving its growth. However, risks such as low labor force participation rates, particularly among women, could hinder India's growth potential. Currently, India is the fifth-largest economy globally.