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$2.2-Trn Infra Capex Key To $7-Trn GDP Target By 2030
$2.2-Trn Infra Capex Key To $7-Trn GDP Target By 2030
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Mumbai: An estimated investment of $2.2 trillion into infrastructure development is imperative to support India’s GDP size to expand to $7 trillion by 2030, according to a report on Thursday. To achieve an economic size of $7 trillion, India’s economy is required to grow at a CAGR of 10.1 per cent between 2024-2030, according to the report by Knight Frank India.
The investment opportunity for private participation in infrastructure development in India ranges between $103.2 billion to $324 billion.