Gautam Adani expects India to become 3rd largest economy by 2030

Adani Group Chairman Gautam Adani has reiterated that India would become the third largest economy by 2030 and the second largest by 2050. According to him, India would start adding a trillion dollar to its GDP every 12 to 18 months. This would put the economy on track to become a USD 30 trillion economy by 2050. Taking stock market capitalisation under consideration the size of the economy is likely to exceed USD 45 trillion. At present, India is the world’s fifth largest economy with a GDP of USD 3.5 trillion. Adani further stated that by 2050, the country may also become a net exporter of green energy.