India Needs 10% GDP Growth to Achieve ‘Developed Nation’ Status by 2047
Reaching the ambitious goal of a “Developed India” (Viksit Bharat) by 2047 requires a significant economic boost, according to CII president Rajiv Memani. He highlights the need for a consistent 10% average nominal GDP growth annually to achieve this vision….
India’s Economy Poised for 6.7% Growth in FY26: CII Chief, But Challenges Remain
The Confederation of Indian Industry (CII) has projected a robust 6.7% growth for the Indian economy in fiscal year 2026 (FY26). However, the CII chief cautioned that significant uncertainties pose a considerable risk to this optimistic forecast. While the prediction…