Goldman Sachs is saying that India could surpass China in the next two years in terms of real gross domestic product expansion
- Projects India’s real GDP growth rate will remain behind China’s this year and next
- But surpass it in 2016 with 6.8% GDP expansion as China’s growth slows to 6.7%
- Goldman predicts that India will extend that lead over the following two years
- Goldman says India will have one of the highest growth rates in the world in 2016 – more than triple the growth rates of Brazil, Russia, Japan or Europe
