India's Potential to Become World's Largest Economy

David Rubenstein, the co-founder of Carlyle Group, stated at the World Economic Forum (WEF) in Davos 2026 that India is likely to become the world's largest economy within the next 20 to 30 years.

Rubenstein's Remarks at Davos

Rubenstein made his prediction during an interview at the World Economic Forum in Davos. He also spoke of positive relations between the U.S. and India and U.S.-China trade dynamics.

Rubenstein advised Indian policymakers to welcome global private credit and equity investments to encourage local entrepreneurship and retain talent in India. He said these investments would allow well-capitalized Indian entrepreneurs to prosper.

Additional Remarks

Rubenstein said that former U.S. President Donald Trump's China policy aimed to correct a trade imbalance rather than harm China. He added that China's over $1 trillion annual surplus is partly due to increased sales in other markets.

World Economic Forum in Davos

The World Economic Forum (WEF) is an international non-governmental organization and think tank based in Switzerland. It is known for its annual meeting in Davos, which brings together leaders from business, politics, academia, and other sectors to discuss global issues.

Conclusion

Carlyle Group co-founder David Rubenstein, speaking at the World Economic Forum in Davos, projected that India could become the world's largest economy in the coming decades. He also spoke on US-India relations, US-China trade, and the importance of private credit and equity investments in India.