Jeffrey D. Sachs says India could lead global economy by century-end
In short
Jeffrey D. Sachs said in Varanasi that India could become the world’s biggest economy by the end of the century.
He also said India may have twice as many people as China and that the world is moving toward a multipolar order. The report does not say what India’s government or markets will do next.
What the reporting says
Jeffrey D. Sachs said in Varanasi that India could become the world’s largest economy by the end of the century. He also said India may have a population twice that of China and described the world as moving toward a multipolar order. The reporting gives no estimate for timing beyond century-end and does not show any policy response or market reaction.
Why it matters
Speaking at the World Symposium on “Ancient Wisdom for Modern Challenges” in Varanasi, economist Jeffrey D. Sachs said India could become the world’s largest economy by the end of the century and could have a population twice China’s. He also said the global order is becoming multipolar. The reporting is predictive and does not provide supporting data, policy details, or market consequences.