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The Economic Times

National / The Economic Times

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India expected to bypass middle-income trap: Report

India is on track to become a wealthy nation by 2047. Strong economic growth, a young population, and technological advancements are key drivers. Global supply chain shifts also favor India. While challenges exist, reforms are underway. Investor confidence is high, with the stock market showing robust returns, pointing towards India's emergence as a major power.

21 Mar 2026 9:00 am