Elon Musk: India's GDP Growth Outpaces US, Signals Global Power Shift
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News18•01-02-2026, 20:09
Elon Musk: India's GDP Growth Outpaces US, Signals Global Power Shift
- •Elon Musk highlights IMF data showing India's contribution to global GDP growth exceeding that of the US.
- •IMF's January 2026 projections indicate India will account for 17% of global growth, while the US contributes 9.9%.
- •India and China combined are expected to drive nearly 43.6% of global growth by 2026.
- •The shift in economic momentum towards Asia is noted amidst global economic uncertainty and trade tensions.
- •IMF revised India's 2025 growth forecast upward to 7.3%, with inflation expected to near target levels.
Why It Matters: Elon Musk emphasizes India's growing economic influence, surpassing the US in global GDP growth contribution.
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