India could reach $20 trillion by 2036 with 14.2% rupee growth Equirus
News Source : The Times of India
News Summary
- This requires sustained rupee growth and appreciation, according to a research report.
- Services will become the principal engine of economic expansion, growing significantly.
- Proposed reforms span multiple sectors, including capital markets and human capital.
- Successful execution across many fronts will determine achieving this ambitious economic milestone.
- The Nifty doesn't predict India.
- ET Prime special series: Bigger or Better?
- Bharat Electronics’ 2013 to 2026 journey – Part 2.
New Delhi India could reach a $20 trillion economy by 2036 if it can raise underlying rupee growth to around 14.2 per cent and achieve sustained annual rupee appreciation of about 33.
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