December 12, 2024 12:53 PM

India’s $2.2 trillion infrastructure drive to fuel $7 trillion economy by 2030, boosting private investment

An estimated $2.2 trillion investment in infrastructure development is crucial for India to expand its GDP to $7 trillion by 2030, according to a report released on Thursday. To achieve this ambitious economic size, India’s economy must grow at a compounded annual growth rate (CAGR) of 10.1% between 2024 and 2030, as highlighted in the report by Knight Frank India. The report estimates that the investment opportunity for private sector participation in India’s infrastructure development ra...