India will be ahead of America : 2050 [TKB India]

Asia’s richest person Gautam Adani believes that by the year 2050, India will overtake America in terms of GDP. Not only this, Adani is also confident that in these 28 years, the poverty will be eradicated from India. Recently, Gautam Adani, who became the richest person in India and Asia, leaving behind Mukesh Ambani, said these facts in a program.

PwC report agrees with Adani
The chairman of the Adani Group expressed confidence that India’s GDP is going to grow by about $ 25 trillion during the next 28 years. Right now the size of India’s GDP is around 3 trillion dollars. If Adani’s words prove to be true, then by 2050 the size of India’s GDP will be about $ 30 trillion. Similar facts have been said in a report ‘The World in 2050’ by International Professional Service Provider Company PwC. According to the report, by the year 2050, China will become the largest economy in the world. India will be ranked after China (Chinese GDP). America (US GDP) will slip from the first place to the third place.

GDP will increase by so many billion dollars every day
Adani said, ‘We are about 10 thousand days away from the year 2050. I estimate that India’s economy will grow to about $ 25 trillion in this period. This means that by 2050, India’s GDP will grow by an average of $ 2.5 billion every day. I estimate that the capitalization of India’s stock market will also increase by about $ 40 trillion during this period. This means that by 2050, the Mcap of the Indian stock market will increase by an average of $ 4 billion every day.

India benefits in these four cases
Gautam Adani further said that India is in the best position to move forward in the times to come. He said that in 2022-23, a record $100 billion FDI is expected to come into India. In this way India will become the third highest FDI receiving country in the world. According to Adani, India is in a better position to capitalize on four key factors: demographic dividend, growth of the middle class, booming digital economy and focus on climate sustainability.