India is set to become the world's third-largest economy by 2032, and will eventually surpass China and the United States to become the "world's largest economic superpower" by the end of this century, as per a report released by the Centre for Economics and Business Research (CEBR) on December 27.

• India will sustain "robust economic growth", averaging 6.5 percent from 2024 to 2028, CEBR stated in its 'World Economic League Table 2024' report. 
• This will result in the country surpassing Germany to become the fourth-largest economy in 2027, and overtaking Japan to become the third-largest economy by 2032, it added.
• CEBR, however, also drew a line of caution for India, saying that the country must address challenges such as "poverty reduction, inequality, human capital and infrastructure improvement, and environmental sustainability".