Despite recent tariffs imposed by the US, a new analysis by EY projects India may overtake the US as the world’s second-largest economy in PPP terms by 2038. This growth is fueled by India’s dynamic economy, which is outpacing major global economies. While tariffs may slightly impact India’s GDP, strategic measures could mitigate the effects. Despite recent tariffs imposed by the US, a new analysis by EY projects India may overtake the US as the world’s second-largest economy in PPP terms by 2038. This growth is fueled by India’s dynamic economy, which is outpacing major global economies. While tariffs may slightly impact India’s GDP, strategic measures could mitigate the effects.
