India's Path to a $5 Trillion Economy: Finance Ministry's Vision for FY29
2025-01-11
Hindustan Times on MSN.com
The finance ministry has outlined a roadmap for India to become a $5 trillion economy by FY29, building on its current $3.57 trillion economy in FY24. With an annual growth trend of 6.5-7%, the target is within reach. This ambitious goal is expected to drive economic growth, create jobs, and increase investments, making India a key player in the global economy. As India strives to achieve this milestone, it is likely to attract significant foreign investment, boost trade, and enhance its position as a major economic powerhouse. Key sectors such as manufacturing, services, and infrastructure are expected to contribute significantly to this growth.
