MP can become $2.1-trn GDP by 2047, says CII
Madhya Pradesh can potentially increase the size of its economy by 18 times to $2.1 trillion (Rs248.6 lakh crore) by 2047-48, according to a report by the industry body CII
image for illustrative purpose
Bhopal: Madhya Pradesh can potentially increase the size of its economy by 18 times to $2.1 trillion (Rs248.6 lakh crore) by 2047-48, according to a report by the industry body CII. In order to realise its potential, the State needs to focus on boosting the manufacturing industry and industrial expansion must take center stage, CII said.
According to the report, “Envisioning Madhya Pradesh Economy@2047” the GSDP of the state can rise to $2.1 trillion (Rs248.6 lakh crore) by 2047-48, growing at a CAGR of 8.6 per cent, from the current $164.7 billion (Rs13.6 lakh crore). With a proactive state government dedicated to boosting investment and driving growth, Madhya Pradesh is well-placed to increase its contribution to India’s GDP.
