Goldman Sachs in a report said India, the fifth-largest economy, will become the second largest economy in the world by 2075 surpassing not only Japan and Germany but also the United States.

• According to the investment bank report the innovation and technology, higher capital investment and rising worker productivity to increase drastically due to the burgeoning population of the country.
• Currently, India is the world’s fifth-largest economy, behind Germany, Japan, China and the US.
• "Over the next two decades, the dependency ratio of India will be one of the lowest among regional economies," CNN quoted Santanu Sengupta, Goldman Sachs Research's India economist, as saying. Sengupta added that the key to drawing out the potential of India's rapidly growing population is boosting participation within its labour force.