Jaishankar reflects on Goldman Sachs' prediction of India becoming $50 trillion economy by 2075

Minister of External Affairs of India S. Jaishankar threw light on the complicated terrain of international relations between India and China that involves economic cooperation as well as concerns pertaining to security arrangements in border regions during the Raisina Dialogue 2024. “I am not in denial of what numbers today suggest but if one looks at Goldman Sachs predictions, we both will really be, by about 2075 and up, a $50 trillion economy and plus, and will be too close to each other. But it’s in the nature of things that at some stage everybody flattens out. So, there will be a period where they will be flattening out and we will be growing,” he said. 

.@DrSJaishankar: Both #India and #China are rising, at different paces and from different starting points. But it's in the nature of things that, at some stage, everybody flattens out. If you look at the Goldman Sachs prediction, by about 2075, we’ll both end up at as US$50… pic.twitter.com/09O8dOxurU

— Raisina Dialogue (@raisinadialogue)

.@DrSJaishankar: Both #India and #China are rising, at different paces and from different starting points. But it's in the nature of things that, at some stage, everybody flattens out. If you look at the Goldman Sachs prediction, by about 2075, we’ll both end up at as US$50… pic.twitter.com/09O8dOxurU

— Raisina Dialogue (@raisinadialogue) February 23, 2024

">February 23, 2024

He also emphasised that although China may want to depict this as merely a bilateral relationship, India will be exploring multiple options in order to deal with the crisis. “There will be occasions where one or the other will do something to press home a particular advantage and the other will resist. Here's the immediate issue – from the late 80s, we had an understanding on the border, precisely because it suited both of us. There was a departure on their side after 30 years in terms of how they behaved on the border and there was pushback from our side. The mind games which will be played would be ‘It's just between the two of us and other 190 odd countries in the world don't exist in our relationship’. That would be the mind game that would be played. I don't think we should play it. If there are other factors in the world which can be harnessed by me to get better terms on an equilibrium, why should I forgo that right,” he stated.