India to become 3rd largest economy in 2031, says CEBR.

Why in news?

• The Centre for Economics and Business Research (CEBR) predicted that India will regain sixth position from France next year and become the third-largest economy in 2031, a year later the previously

About CEBR analysis on Indian economy

• (CEBR) has predicted that India will regain sixth position from France next year and become the third-largest economy in 2031, a year later the previously
• CEBR, one of the UK’s leading economics consultancies, in its annual World Economic League Table also predicted that China will overtake the US in 2030, two years later than forecast a year
• The London-based think tank said, over the next 15 years, India will see an improvement in its ranking in the World Economic League Table (WELT), rising from 7th place in 2021 to be the world’s third-largest economy in
• India will again take over France to regain its 6th place in WELT ranking for 2022, which it briefly lost to France in 2021, the CEBR