India's economy is expected to be bigger than the United States over the "long term" while neighbouring China would emerge as the world's largest economy by 2016, according to Paris-based think tank OECD.
The Organisation for Economic Cooperation and Development (OECD), a grouping of developed and developing nations, today said that divergent long-term growth patterns lead to radical shifts in the relative size of economies worldwide.
"The United States is expected to cede its place as the world's largest economy to China, as early as 2016. India's GDP is also expected to pass that of the United States over the long term.
"Combined, the two Asian giants will soon surpass the collective economy of the G7 nations," it said.
Read more: India may surpass US economy over long term, says OECD - NDTVProfit.com
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