India Projected to Become Third-Largest Economy by 2028 Amid Growth and Environmental Challenges

At the World Economic Forum 2026 in Davos, Union Minister Ashwini Vaishnaw and economist Gita Gopinath highlighted India's trajectory to become the world's third-largest economy by 2028 or sooner. This growth is supported by public investment, inclusive development, manufacturing, innovation, and legal simplification. However, challenges remain, including global debt risks and the economic impact of pollution, which Gopinath emphasized as a significant threat to productivity and public health in India.