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 Q4 GDP Soars to 7.4%, but Full-Year Growth Dips to 6.5%
India’s economy has delivered a mixed bag of news. While the fourth quarter (Q4) of fiscal year 2024-25 saw impressive growth of 7.4%, exceeding initial projections, the full fiscal year’s GDP growth is estimated at a lower-than-expected 6.5%. This marks…