The Center for Economic and Business Research in the UK has predicted that world economic power will change dramatically by 2030.
According to the report, by 2030, the United States will be the world’s second largest economy and China will be the world’s second largest economy.
By that year, India will be the world’s third largest economy.
India, the world’s fifth-largest economy in 2019, has moved up to sixth place in 2020, behind Britain in fifth place.
However, India is set to become the world’s third largest economy, surpassing Britain as the fifth largest economy by 2025, Germany as the fourth largest by 2027 and China as the third largest by 2030.