Published on 20 Nov 2023 on Insider Monkey via Yahoo Finance
In this article, we will look into the top 20 most valuable Indian companies. If you want to skip our detailed analysis, you can go directly to the Top 5 Most Valuable Indian Companies.
An Outlook of the Indian Economy
According to Deloitte's Indian Economic Outlook 2023, The Indian economy is poised to emerge as the world's third-largest economy by 2027, reporting a GDP of over $5 trillion. By 2047, India is expected to become a developed country. According to the IMF, India will require a growth rate of 6.5% to reach the expected GDP by 2027. After that, India will be required to grow at around 9% to become a developed country by 2047.