India’s Path to Becoming the World’s Third-Largest Economy by 2030: Opportunities and Challenges

India is on a rapid trajectory toward becoming the world’s third-largest economy by 2030, according to a recent report from S&P Global. With its expanding middle class, robust economic growth, and burgeoning industrial sectors, India is set to surpass major economies, trailing only the United States and China. However, alongside these promising developments, the country faces critical challenges, particularly from its growing population, which threatens to strain its infrastructure and resources. India’s Economic Surge: A Global Shift According to S&P Global, India is well-positioned to become the fastest-growing major economy…