India is set to become the largest economy in the world by 2030, according to latest estimates by a PricewaterhouseCoopers (PwC) report.

The London-headquartered accountancy giant said the rapid rice of the indian economy with its young workforce would push it up from being the 10th largest economy in 2013 to the third largest by 2030, pushing the UK back into sixth place.

"In the longer run,other emerging markets may overtake the UK, but only India looks set to do so before 2030 according to our latest projections," PwC said in its latest economic outlook.

India's Trillion Dollar economy is set to double in 5 years!! Europe and US have too much debt and are facing many problems. Growing above 8% for many years, India aspires to achieve a double digit economic growth in the near future. This is incredible in the given global scenario. Prospects of better governance, Favorable Demography, Consumption boom, Trillion dollar Infrastructure investment and a stable financial system are solid reasons to invest in India.