India Could Become World Leader By 2027

India, the world’s seventh largest economy today, will grow to be the world’s second-largest by 2050 according to PWC, outpacing the US economy by around 33% as the sleeping giant reaches financial maturity and modernizes its economy. This potential presents an enormous opportunity for investors. Bank of America published a report illustrating the opportunity last week, outlining the key drivers behind the country’s growth. [russia] Financial Maturity Will Turbocharge Growth BoA’s report titled, “The Last BRIC In The Wall” claims that India will overtake Japan to become the world’s third-largest economy within ten years and financial maturity and a demographic…