Indian economy will expand annually at an average of 7.4% to $6.84 trillion by 2030. This will will make the Asia country economy bigger than Japan and Germany.
Why This Is India’s Decade
India’s economic growth is estimated to push the number of households earning by almost fivefold in the coming decade.
India’s per-capita income is expected to rise from $2,278 to $5,242 i 2031, setting the stage for an discretionary spending boom.
Report estimates that India’s manufacturing share of GDP will rise to 21% by 2031 and an incremental $1 trillion manufacturing opportunity.