India's Path to a $5-trillion Economy

[retaxis]

2030 is too far away for India. It may balkanise any time due to religious/political issues. Communists/Maoists/Naxals and Muslims are on the rise against fascist hinduism imposed on them.

 

[Black Tornado]

Lol. India will be $5 trillion economy by FY2026. No matter what the sour grapes and billis on this forum think, when you look at the FDI and FPI of each country, you'll know where they are headed. We don't have any thing equivalent to BBS here.

We have to grow at 7-8% real and 4-5% inflation for 4 years to be a $5 trillion economy by FY2025-26. Will be difficult. Looks like Modiji will rebase the GDP to FY2021-22 which might increase the documentation and eventually the documented size of our GDP.

 

[N.Siddiqui]

We have to grow at 7-8% real and 4-5% inflation for 5 years to be a $5 trillion economy by FY2025-26. Will be difficult. Looks like Modiji will rebase the GDP to FY2021-22 which might increase the documentation and eventually the documented size of our GDP.
View attachment 821590

This sounds good for Pakistan too, looking in the broader context.

Pakistan would like to be surrounded by rich neighbors. And no denying the fact that it is the region which grows, more than the individual countries.

So a rich and stable India is good for Pakistan, with caveats...

Pakistan-India trade has lots of potential, never been realized.

Now it's worth more as this study was done in 2018...

India-Pakistan trade potential stands at $ 37 billion: World Bank

India and Pakistan continue to maintain long, sensitive lists of items on which no tariff concessions are granted

www.livemint.com

 

[Black Tornado]

This sounds good for Pakistan too, looking in the broader context.

Pakistan would like to be surrounded by rich neighbors. And no denying the fact that it is the region which grows, more than the individual countries.

So a rich and stable India is good for Pakistan, with caveats...

Pakistan-India trade has lots of potential, never been realized.

Now it's worth more as this study was done in 2018...

India-Pakistan trade potential stands at $ 37 billion: World Bank

India and Pakistan continue to maintain long, sensitive lists of items on which no tariff concessions are granted

www.livemint.com

Well then bilateral politics and personal interests kick in which does not allow trade b/w Ind-Pak

 

[hydrabadi_arab]

Currency value is of quite a lot of importance as well.

View attachment 821263

The trends of which etc.

It is buying other currencies and part of the productivity cycle. A very important aspect of it.

Indian rupee looking at last 10 years, will be Rs105 per $1 by 2030. Current Indian GDP Rs225 trillion. With growth plus inflation of 12%, it will end up Rs560 trillion in 2030.

2030 is good target for $5 trillion. With GDP rebasing 2029 is likely if Indian currency decline vs $ is similar to last 10 years.

 

[prashantazazel]

It will likely take a few more years from projection.
We will see good growth once the quality of education/technical knowledge starts getting competitive.