According to the Centre for Economics and Business Research (CEBR), a prominent London-based consultancy, India would become the third economic superpower by 2037 and a $10 trillion economy by 2035. 

• According to the research, which was released on December 26, 2022, the globe is heading toward recession. 
• However, the annual GDP growth rate in India is predicted to average 6.4% during the following five years, followed by an average of 6.5% over the next nine years.