HDFC Securities predicts India's GDP to double by 2030
This remarkable growth trajectory owes much to India's advantageous demographics and unwavering policy backing
In a recent report, brokerage house HDFC Securities projected that India's GDP is likely to soar, doubling from its current $3.57 trillion mark in FY24E to a substantial $7 trillion by 2030.
This remarkable growth trajectory owes much to India's advantageous demographics and unwavering policy backing.
Notably, the nation is witnessing decade-long economic trends that are propelling the expansion of businesses across diverse sectors, said the brokerage.
These include rising discretionary spending pools, digitisation, capex/infra investment, green energy adaptation, etc.
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