India to grow into a $7 trillion economy by 2030, says PHDCCI report!

Economy Business

“With a consistent GDP growth rate exceeding 7 per cent over the past two years and a projected continuation of this trend in the current year too, the economy is expected to surpass USD 4 trillion in 2024 and thereafter move to the next orbit in 2025,” said Sanjeev Agrawal, President, PHDCCI in a press statement.India is expected to grow into a $7 trillion economy by the year 2030, establishing itself as the second-largest economy in the Asia-Pacific region and the third-largest globally, industry body PHD Chamber of Commerce and Industry (PHDCCI) said in a latest report on Wednesday.


      The analysis is based on lead macroeconomic indicators including the GDP Growth, Export Growth, Gross National Savings, Total Investments, and Debt to GDP Ratio.

      India is expected to grow into a $7 trillion economy by the year 2030, establishing itself as the second-largest economy in the Asia-Pacific region and the third-largest globally, industry body PHD Chamber of Commerce and Industry (PHDCCI) said in a lates

      India to grow into a $7 trillion economy by 2030

 

     


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