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world largest economy British MP Lord Karan Bilimoria has said at Hyderabad Public School in Begumpet that India will be the world’s largest economy by 2060. He said that India has left Britain behind and is now the 5th largest economy in the world.
Bilimoria told that the eyes of the whole world are on India. There is no doubt that India is soon going to join the three superpowers of the world. I estimate that in the next 25 years, India’s Gross Domestic Product (GDP) will be $320 billion and it will become the second largest economy in the world. I also believe that by 2060 India will become the largest economy in the world.
The British MP hoped that the India-UK Free Trade Agreement being discussed would materialize soon. He said that the trade between the two countries is growing very fast and now it has crossed 30 billion pounds annually.
Bilimoria also said that UK Prime Minister Rishi Sunak should visit India with a large delegation.
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