New Delhi, April 16 (IANS) Not just the world’s third-largest economy, India has the potential to become the second-largest economy if it remains on the current path of resilience and policy continuity, billionaire investor Mark Mobius said on Wednesday.
In just a few years, India has risen from being the world’s 11th largest economy to the fifth largest. As of 2025, India remains the fifth-largest economy globally, trailing behind the US, China, Germany, and Japan in terms of total GDP.
According to the latest IMF estimates, India’s real GDP will be $4.3 trillion in 2025, just behind Japan’s $4.4 trillion and Germany’s $4.9 trillion. Given the growth trajectory, India is projected to surpass Japan this year and Germany by 2027.
Mobius told IANS that India has the potential to become even the second-largest economy in the world.
“India now has a substantially larger population than China. It is now estimated that China’s population is actually 800 million or less, with an average age much higher than India’s 1.2 billion people,” he contended.
“If India is able to tear down import restrictions (both tariff and non-tariff), the manufacturing sector will boom and the economy will go from strength to strength,” said the global investor who runs the Mobius EM Opportunities Fund for emerging markets (EMs).
On the Indian stock market’s recent performance despite global uncertainties, Mobius told IANS that even before the US trade restrictions, the Indian stock market had substantially corrected.
“There will be a recovery in the market, so it is a good idea for investors to slowly start averaging into good stocks, and if they are already holding stocks, it would be best to hold them and wait for the recovery,” he suggested.
The Indian stock markets have made a stunning comeback as the single-day rally on Tuesday added a massive Rs 11 lakh crore to investors’ wealth — erasing all the losses that followed the US tariff shock on April 2. The recovery was broad-based and driven by strong investor sentiment, boosted by global cues and domestic optimism.
–IANS
na/vd
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
