'Indian economy expected to reach $ 6 trillion by 2020'

[Kinetic]

If current trends of India can maintain than we should be a $ 6 trillion economy by 2020.

 

[gulte]

1.09^10 = 2.36736367

$1.43 T x 2.36736367 = $3.38 T

Unless they expect capital appreciation then I don't know how that will affect GDP.

Real growth rate is around 15% on market prices, adjusted growth rate with fixed market prices is 15-(0.70*9)=8.7% (considering 30% savings and 9% inflation). So if India maintains present growth rate, it can achieve GDP of 1.5(1.15^10)=6.06T by 2020.

 

[russellpeters]

the biggest bottleneck of the indian economy, imo is infrastructure. it is also very important, because it is relatively easy to address. in this regard it seems the government has finally woken up.$1 trillion worth of investment is planned over the next five years.

With infrastructure comes manufacturing.the current share of manufacturing is 15% the next five year plan envisages it at 33%.it is a realistic goal, if India manages to fix the infrastructure. by 2015-2016 you will see a great improvement in the overall sector.

What is being in this regard ? First the development of about 20+ cities, some of them just off the ground.this must be done to retard the migration to big metropolises like Mumbai, Delhi.
Six and Four-laning of all highways.Development of ports and hubs.Modernization of 44+ major airports, many minor airports.Setting up of the NEAI, to manage the expressways.Its final idea is to build a nation wide expressway network.The DMIC corridor, and about 8 industrial cities on its path.High speed railway and metropolitan metros (Delhi, Mumbai, Navi Mumbai, Kochi, chennai, Ahmedabad et al).Optical fiber network all over India.Major infrastructure projects at city level are planned, a lot to say in a small post.

 

[CHN Bamboo]

Indian economy to reach $3 trillion in current fiscal: Sitharaman

https://timesofindia.indiatimes.com...nt-fiscal-sitharaman/articleshow/70085750.cms

There's a big difference between prediction and reality.
In 2010, India's nominal gdp was about $1.657 trillion, and by the end of the decade, India's gdp will not even double.

 

[Sugarcane]

Indian economy to reach $3 trillion in current fiscal: Sitharaman

https://timesofindia.indiatimes.com...nt-fiscal-sitharaman/articleshow/70085750.cms

There's a big difference between prediction and reality.

Prediction is 50% right.

 

[Flight of falcon]

COIMBATORE: Former ISRO chairman and Planning Commission member K Kasturirangan today said if India sustains a nine per cent GDP growth then by 2020 its economy is expected to approach $ six trillion.

Kasturirangan said that the size of Indian economy would expand close to $ 1.8 trillion in the next 2-3 years.

"If the present expectations which are reasonable and realistic, fructify, India is poised to become a world power," he said.

"If we maintain the present rate of growth of GDP at around nine per cent, by the end of the present decade, 2020, this economy is expected to approach $ six trillion, with per capita GDP crossing $ 4,500 from the present $ 1,500", Kasturirangan said in his Graduation Day address at Kumaraguru College of Technology here.

"If all goes well," the economy could even grow to 9-10 $ trillion and per capita income could rise to in excess of $ 6,000 by 2025, he said.

Talking about India's space programme, Kasturirangan said since its inception, the secret behind its success has been "team work".

"India is globally recognised today as a significant space faring nation. This is the result of teamwork in facing several challenges squarely and maintaining focus on our goals," he said.

In the case of India, the role of technology is important since we became independent from colonial rule only about six decades ago and the need for development on several fronts is acute, he said.

'Indian economy expected to reach $ 6 trillion by 2020' - The Economic Times

So in next 2-3 years economy will reach 1.8 trillion at 9 percent growth and by 2020 ( next year) it will be six trillion???? What kind of math is this?

Currently it’s less than three trillion.

 

[Adonis]

It is just like China. Remember back in 2000, China's GDP was roughly 1 trillion, now it is 5.88 trillion.

India for now it is 1.4 trillion, reaching 6 trillion by 2020 is definitely doable. I already predicted that back in last year.

Sorry, but I still don't get it..... What hell will break loose in 1 year (till 2020) that will propel India's GDP from $1.4 Trillion to $6 Trillion?... we are talking of it getting expanded more than 3 times in one year!!!

 

[Sugarcane]

Sorry, but I still don't get it..... What hell will break loose in 1 year (till 2020) that will propel India's GDP from $1.4 Trillion to $6 Trillion?... we are talking of it getting expanded more than 3 times in one year!!!

Thread was open in 2011, India had 9 years.

 

[Type59]

Today's Gdp figures are being questioned by leading economists in India and outside India.

 

[d00od00o]

Indians and their predictions.

Only Indians are stupid enough to believe them.

 

[undercover JIX]

6 Trillion and Hyper super Super status will be achieved in 2020.....achay din door nahi

 

[newb3e]

6 Trillion and Hyper super Super status will be achieved in 2020.....achay din door nahi

jay Modi ki!!

may the phorce be with you!

 

[undercover JIX]

jay Modi ki!!

may the phorce be with you!

bus jara suraj 20 ya 50 saal late niklay....swamiji practicing... he reached 40 min.

 

[newb3e]

Sorry, but I still don't get it..... What hell will break loose in 1 year (till 2020) that will propel India's GDP from $1.4 Trillion to $6 Trillion?... we are talking of it getting expanded more than 3 times in one year!!!

cow cola will takeover the world and become the only beverage cosumed by earthlings india will have total control over price and supply and will maie trillions a year selling cow cola

and every tech support in the world will be done by Sarr Indians earning another trillions

id say they will beat 6 tr target by 2020!

jay modi ki!

bus jara suraj 20 ya 50 saal late niklay....swamiji practicing... he reached 40 min.

bas indian delusional time may 40 mins = 10 years sawami g ko bas tohri si aur practice karni hai bakki game on hai!

6 trillion is easy! 60 ki baat karo bhai! mars jupiter peh sirf safroni companies ka raj raj !

 

[undercover JIX]

cow cola will takeover the world and become the only beverage cosumed by earthlings india will have total control over price and supply and will maie trillions a year selling cow cola

and every tech support in the world will be done by Sarr Indians earning another trillions

id say they will beat 6 tr target by 2020!

jay modi ki!


bas indian delusional time may 40 mins = 10 years sawami g ko bas tohri si aur practice karni hai bakki game on hai!

6 trillion is easy! 60 ki baat karo bhai! mars jupiter peh sirf safroni companies ka raj raj !

but who told you the secret plan?