India's Ambitious Growth Plan: Reaching $5 Trillion Economy by FY29
2025-01-11
Hindustan Times on MSN.com
The finance ministry has unveiled a comprehensive plan to propel India's economy to $5 trillion by FY29, building on the country's current growth trajectory. With the economy already valued at $3.57 trillion in FY24, the ministry predicts that a consistent annual growth rate of 6.5-7% will enable the country to achieve this ambitious target. As India strives to become a leading global economic powerhouse, this development is poised to have a significant impact on the nation's economic landscape, driving growth and investment opportunities in key sectors such as infrastructure, manufacturing, and services, thereby catalyzing economic expansion and boosting GDP growth.
