India Eyes $5 Trillion Economy by FY29: Finance Ministry Unveils Growth Blueprint
The finance ministry has outlined a roadmap for India to become a $5 trillion economy by FY29, driven by an annual trend growth of 6.5-7%. With the country currently standing at $3.57 trillion in FY24, the ministry's projections indicate a significant surge in economic activity, paving the way for India's emergence as a global economic powerhouse. Key drivers of this growth are expected to include increased investments, improved infrastructure, and a thriving digital economy, all of which will contribute to achieving this ambitious target by 2028-29. As India strives to join the ranks of the world's largest economies, its growth trajectory is likely to be closely watched by international investors and economists alike, with keywords like economic growth, GDP, and investment opportunities becoming increasingly relevant.
