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Get ready for some exciting news on India’s economic front! Union Minister Jyotiraditya Scindia recently shared a bold and optimistic vision, expressing strong confidence that India is on track to leapfrog Germany and become the world’s third-largest economy by the close of 2027. This impressive projection, he asserts, is a direct result of the groundbreaking policies and institutional reforms championed by the Centre under the leadership of Prime Minister Narendra Modi.
Addressing the Young Entrepreneurs Forum Bharat (YEF Bharat Summit 2025), Scindia painted a vibrant picture of India’s resurgence. He reminded the audience of India’s glorious past, recalling a time approximately 2,000 years ago when the nation, famously known as the ‘golden bird,’ commanded a significant 20 percent share of the world’s Gross Domestic Product (GDP). Now, under PM Modi’s guidance, India is poised to reclaim its stature, striving to emerge as a shining star on the global stage once more.
The journey so far has been nothing short of remarkable. Just 12 years ago, India’s economy stood at the 10th position globally. Today, it has soared to the fourth spot, leaving behind formidable economies like Japan. And the ambition doesn’t stop there. By the end of 2027, the minister firmly stated, we will confidently surpass Germany, cementing our position as the third-largest economy in the world.
Indeed, India’s economic development race has already seen it outpace a nation that once sought to govern it for two centuries, a testament to the nation’s resilience and dynamic growth. The future looks incredibly bright for India, as it continues its march towards greater economic prowess and global influence!
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