India will be third-largest economy by 2030-31 with projected annual growth of 6.7: S&P Global

India is on track to become the third-largest economy by fiscal 2030-31 with a projected annual growth rate of 6.7%, according to S&P Global. Key factors include continued reforms, infrastructure development, and sustainable technologies. The Indian equity market is anticipated to remain competitive due to strong growth prospects and increased foreign inflows into government bonds.