India is poised to add $1 trillion to its GDP every 1.5 years over the next six years, aiming for a $10 trillion economy by 2032. The manufacturing sector will play a crucial role in this growth, with exports projected to contribute significantly.

India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7, the credit rating agency S&P Global said in its report named India Forward Emerging Perspectives. Along with its projections, the credit rating agency suggested some measures to push the growth of the economy.

The report highlighted that reforms are key to sustaining this momentum, with an anticipated 8.2 per cent growth in FY2024.

India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected on Thursday.

India's economic growth projections, reforms, and opportunities for growth in various sectors highlighted in S&P Global report.

Emerging Perspectives, noted that India is expected to register an impressive growth rate of 8.2 per cent in FY24

India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected on Thursday.