S&P Global Forecasts 6.7% Annual Growth for India from FY24 to FY31

  • S&P predicts India’s GDP to ascend from $3.4 trillion to $6.7 trillion due to capital expansion.
  • Per capita GDP and manufacturing are expected to increase, with private investments playing a key role.
  • Efforts to boost labour force participation, structural reforms, and a strong logistics framework are vital for the nation’s economic success.
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