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India Aims for $7 Trillion Economy by 2030

India Aims for $7 Trillion Economy by 2030

India has the potential for remarkable economic growth, with projections of reaching a $7 trillion economy by 2030. Kaushik Shaparia, CEO of Deutsche Bank India, emphasizes that growth should focus on inclusive prosperity, not just numbers. Currently, India's economy grows at about 6-6.5%, attracting steady foreign investments, but not at an exponential rate due to global uncertainties and high valuations. The next five years are crucial for India’s economic trajectory. By improving regulations and making it easier for foreign investors, India can enhance its investment landscape and achieve its ambitious goals.

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