India’s Market Cap Set to Hit $10 Trillion by 2030: Jefferies Predicts

India Set to Become Third Largest Economy by 2027, Market Capitalization to Hit $10 Trillion by 2030: Jefferies

India is projected to become the third largest economy by 2027, with its market capitalization expected to reach a staggering $10 trillion by 2030, according to a report by global brokerage house Jefferies. Currently, India ranks as the fifth-largest economy in terms of market cap, valued at $4.5 trillion. However, despite this growth, India’s weight in global indices remains low at only 1.6 percent.