India is projected to add $1 trillion to its GDP every 12–18 months to 2047. With this momentum, India is targeting a $30 trillion economy by 2047.

India's economy continues to hold up against a global flux, dealing with the impact of geopolitical tensions and trade uncertainties, the Reserve Bank of India said in its monthly bulletin released on Wednesday.

At 60.7 in July, the HSBC flash purchasing managers index was little-changed from June's final print of 61, signalling another month of high growth, S&P said.

The India-UK Comprehensive Economic and Trade Agreement, hailed as historic by both Prime Ministers Modi and Starmer, aims to boost trade, investment, and economic cooperation.

Under the FTA, 75,000 Indian workers would be exempted from UK social security payments for a period of 3 years. Indians working as chefs, yoga instructors, and musicians, as well as business visitors, would benefit from the exemption.

Keir Starmer and Indian Prime Minister Narendra Modi have signed a landmark deal more than three years after shamed Boris Johnson said he'd get it done within months

A landmark trade agreement between India and the UK aims to double bilateral trade to $120 billion by 2030. PM Modi emphasises the deal's potential for shared prosperity, opportunities for youth, and a united front against terrorism.

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India's sustained economic growth makes it an "anchor of stability” for the world, which needs new engines of growth and development models that can be scaled and shared.

India’s economy was worth $3.7 trillion in 2023, making it the world’s fifth largest, having jumped four spots in the rankings during Modi’s decade in office.