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

According to a report by Goldman Sachs Research, India is projected to surpass the United States and become the world's second-largest economy by 2075, with a GDP of $52.5 trillion. China is expected to become the largest economy in the 2030s, with a GDP of $57 trillion by 2075. India's population, which recently became the world's largest, and its favorable working-age population ratio position it well for 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 in the world.