ReferIndia News India's Economic Leap: Set to Become an Upper-Middle Income Giant

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India's Economic Leap: Set to Become an Upper-Middle Income Giant

Published on: Jan. 19, 2026, 6:01 p.m. | Source: Devdiscourse

India is projected to transition to an upper-middle income country by 2030 and become the third largest economy globally by 2028. The nation has shown significant economic growth, climbing from a low-income status in 2007 to potentially reaching a USD 5 trillion economy by 2027, according to an SBI Research report.

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