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- India is set to double its economy in seven years, becoming a $7tn economy by 2030, driven by financialisation, clean energy, and digital revolution, as per a Deutsche Bank report.
- India has had the second-fastest economic growth rate among major countries at 7.5% per annum over the last two decades, with demographic dividend and domestic consumption being primary growth drivers.
- However, other growth drivers will be necessary for India to achieve this ambitious goal. The report also states that India will account for 22% of the world's total workforce in the next decade.
