India will have to wait till 2030 to become the third largest economy in the world

India will once again become the world's fifth largest economy in 2025, surpassing Britain, and will

reach the third position by 2030 . Affected by the Corona virus epidemic, the Indian economy has slipped one step to sixth place in 2020. India has overtaken Britain to reach the fifth position in 2019.

The annual report by the Center for Economic and Business Research, the UK's leading economic body, says India has been somewhat shaken by the effects of the epidemic, which is why it has lagged behind the UK this year after overtaking the UK in 2019. Britain will be ahead by 2024. And after that India will take a leap forward.

It seems that as the rupee weakens, in 2020, the UK will once again overtake India. The report estimates that India's growth will be 9 per cent in 2021 and 7 per cent in 2022. According to the CEBR, it is natural that as India becomes more economically developed, the country's growth rate will slow down to 5.8 per cent by 2035.

According to this projected direction of economic growth, India will overtake Britain in 2025, Germany in 2027 and Japan in 2030 in the shape of the economy. The organization predicts that China will overtake the United States as the world's largest economy by 2028. India's economy had already weakened. In 2019, the growth rate was 4.2 percent, the lowest level in ten years.