Musk: Global Power Balance Shifting as India Rises in GDP Growth
World
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Firstpost•31-01-2026, 13:49
Musk: Global Power Balance Shifting as India Rises in GDP Growth
- •Elon Musk highlights a changing global power balance, citing India's significant contribution to future GDP growth.
- •India ranks second globally, contributing 17% to real GDP growth by 2026, behind China (26.6%).
- •China and India together account for 43.6% of global growth, with Asia-Pacific contributing 50%.
- •India's Economic Survey projects FY27 growth between 6.8-7.2% and FY26 growth at 7%.
- •India has surpassed Japan as the world's fourth-largest economy and is set to overtake Germany by 2030.
Why It Matters: Elon Musk notes a global power shift with India emerging as a major economic growth driver.
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