India Set To Overtake Japan As No. 3 Economy By 2030: Report

INSUBCONTINENT EXCLUSIVE:
India was seen as "among the most striking" gainers in the bank's long-term rankingsFresh off its climb to No
6 in the world as of 2017, India's economy is forecast to take the No
3 spot by 2030, according to a report by HSBC Holdings Plc.The South Asian giant was seen as "among the most striking" gainers in the bank's
long-term rankings, leap-frogging Germany and Japan largely on account of the economy's rapid growth and a rising working-age population
that's the envy of an aging developed world.China is set to edge out the U.S
as they retain the top two spots in 2030 at $26 trillion and $25.2 trillion, respectively, with India taking the third spot at $5.9
trillion, according to HSBC estimates.(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is
published from a syndicated feed.)