India Aims for $5 Trillion Economy by FY29: Finance Ministry Outlook
2025-01-11
Hindustan Times on MSN.com
The finance ministry has projected India's economic growth, stating that the country's current $3.57 trillion economy in FY24 is on track to reach $5 trillion by 2028-29, driven by an annual trend growth of 6.5-7%. With this ambitious target, India is poised to become one of the world's leading economies, driven by factors such as economic reforms, digital transformation, and sustainable development. Key drivers of growth include increased investments, improved infrastructure, and a thriving business ecosystem, all of which are expected to contribute to achieving this milestone, making India a significant player in the global economy, fueled by economic growth and digital innovation.
