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Indian economy likely to register 8-8.3% growth in

Indian economy likely to register 8-8.3% growth in FY25. says PHDCCI

The country's GDP will grow at an average of 6.7 per cent over the next 23 years to become a $34.7 trillion economy by 2047, with a per capita income of USD 21,000, it added

India's economy is estimated to grow at 8-8.3 per cent in the current fiscal, industry body PHDCCI said on Wednesday.
The country's GDP will grow at an average of 6.7 per cent over the next 23 years to become a $34.7 trillion economy by 2047, with a per capita income of $21,000, it added.
"We are projecting a growth rate of 8 to 8.3 per cent for India's economy for the current financial year," PHDCCI Chief Economist SP Sharma said.
Addressing a press conference, he said India's economy has robust growth fundamentals.
"Gradually after 2035, the growth rate will start decelerating from the peak, and on an average, our growth rate, the real GDP (gross domestic product), will be 6.7 per cent overall in the next 23 years," Sharma noted.
India's economy will attain the size of $34.7 trillion by 2047 with a per capita income of $21,000, the industry body said.

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