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India aims to double its current annual GDP of close to USD 3.5tn to USD 7tn by 2027, and to reach USD 10tn by 2030. The International Monetary Fund (IMF) expects India to average a growth rate of 6.1% over the next five years, with India predicted to contribute 15% of global growth in 2023, helping to make it the world's third-largest economy by 2027. India must focus on encouraging investments, nurturing businesses and expanding its manufacturing and exports. States will need to transform their policies to facilitate private investment and growth while pledging to achieve net-zero emissions by 2070.
India aims to double its current annual GDP of close to USD 3.5tn to USD 7tn by 2027, and to reach USD 10tn by 2030. The International Monetary Fund (IMF) expects India to average a growth rate of 6.1% over the next five years, with India predicted to contribute 15% of global growth in 2023, helping to make it the world's third-largest economy by 2027. India must focus on encouraging investments, nurturing businesses and expanding its manufacturing and exports. States will need to transform their policies to facilitate private investment and growth while pledging to achieve net-zero emissions by 2070.