Published on 18 Apr 2024 on Insider Monkey · via Yahoo Finance
In this article, we will look into the 30 wealthiest people in India. If you want to skip our detailed analysis of the Indian economy, you can go directly to the 5 Wealthiest People in India.
An Outlook of the Indian Economy
According to the Indian Economic Outlook April 2024 report by Deloitte, the country's economy surpassed expectations with a growth rate of 8.4% in the third quarter of fiscal year 2024. As of 2024, India has a GDP of $3.94 trillion, according to the IMF. The country's economy has already grown 8.2% on a year-over-year basis. However, the general elections in India and a gradual consumption growth can hinder the trajectory in the fourth quarter, Despite that, the long-term expectations for its economy remain unchanged. India is expected to become the 2nd largest economy in the world by 2100, reaching $70.07 trillion and holding a 15% share of the global economy.