Mumbai - India will become the world’s third-largest economy by 2028, overtaking Germany, according to a report by global financial services firm Morgan Stanley.

The report said, the Indian economy, valued at 3.5 trillion dollars in 2023, is projected to expand to 4.7 trillion dollars by 2026. In 2028, India will overtake Germany as its economy will expand to 5.7 trillion, Morgan Stanley said. The report said, India has emerged as the world’s most sought-after consumer market and has gained share in global output, facilitated by stable macroeconomic policies and improved . . .