India’s GDP to catapult to $6.7 trillion in FY31 from $3.4 trillion in FY23: S&P - Business Today

A report by S&P predicts that the Indian economy will grow at a rate of 6.7% per year from FY24 to FY31, resulting in a GDP of $6.7 trillion in FY31. The report emphasizes the need for India to focus on capital accumulation, infrastructure investment, and manufacturing to drive growth. It also highlights the potential of digital infrastructure and geopolitics as factors that could contribute to India's economic success. The report predicts that India's consumer market will more than double by 2031 and identifies upskilling and increasing labor force participation as key areas of focus for India's growth.

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