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India Projected to Become the Third-Largest Consumer Market
January 11, 2019
Today, India is the world’s sixth-largest economy with an annual GDP growth rate of 7.5%. However, the World Economic Forum predicts that it will grow to become the world’s third-largest economy by 2030 right after the US and China. This has to do with the increased domestic private consumption that is expected to create a 6 trillion USD growth opportunity in the country.
Photo credit: hasgeek on Visual Hunt / CC BY
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