India may become the fifth world economy in a decade due to the acceleration of its economic growth, says report of the investment bank Goldman Sachs. The study shows that, keeping its present growth rhythm, within ten years the Indian economy could overcome those of Italy, France and Great Britain. If such trend persists, India could also surpass the United States and grow to be the world’s second economy, after China, by the end of this century first half. Goldman Sachs report also affirms that India’s reform program has generated an increase in the country’s competitiveness and efficiency, but there will be high costs if the country keeps demanding ever more energy to maintain its growth. SingsEverywhere in Indian cities there are signs of economic growth. New cars complicate the traffic, middle class condos and shopping centers engulf land where farms used to be, airports are crowded with passenger. Yet, this is, most probably, just the beginning of a transformation that will render global economy a new shape. According to analysts, India has shifted to a faster pace after a decade of reforms which opened up the country to greater competition and stimulated its industries to become more efficient. The results of economic growth should be a huge demand for goods and energy in the country. Within fifteen years, Indians should be, in average, four times richer than nowadays, and will buy five times more cars. The country will also burn three times more petroleum to keep such a growth, putting a lot more pressure on the worlds natural resources.