Standard Chartered's India research team projected that India is set to transform into a $6 trillion economy by 2030. This projection is supported by several factors, including a remarkable increase in per capita income and strong structural growth drivers. Additionally, India's macroeconomic stability serves as a significant positive, further cementing its position as one of the world's leading economies.

• India's GDP currently stands at about $3.5 trillion and per capita income at $2,450 during CY 2022. 
• By 2030, India is poised to secure its position as the world's third-largest economy, trailing only behind the United States and China.
• As the economy grows and income disparities reduce, a larger portion of the population will experience improved living standards, thus creating a more prosperous and equitable society.