British consultancy firm, CEBR says India will become third largest economy by 2037

The Centre for Economics and Business Research (CEBR), a British consultancy, has said India will become the third-largest economy by 2037 from the current fifth spot. In its annual World Economic League Table, the Centre for Economics and Business Research said that over the next five years, India's annual rate of GDP growth is expected to average 6.4 percent after which growth is expected to average 6.5 percent in the subsequent nine years. CEBR also adds that by 2037, the world gross...