India's $20 trillion economy by 2036: The 5 growth engines that could unlock its next leap
New Delhi, Aug. 16 -- India's road to becoming a $20 trillion economy requires a five-fold leap in a decade and reaching it will depend on 20 reforms or five engines - most of them already within the government's toolkit, according to a growth policy report by Equirus.
Writing in the report, Ajay Garg, CMD of Equirus Capital and Khushali Dutt, Associate Economist at Equirus Securities noted that the country took 67 years to build its first $2 trillion of GDP; then added the next $2 trillion in barely a decade.
The report feels that the target of $20 trillion economy by 2036, demands that India grows roughly five times over in a little more than 10 years. It noted, "It can be done: China sustained close to 18% nominal dollar growth for 1...
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