Goldman Sachs says India to outpace China in coming years

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