Indian economy can touch USD 10 trillion

India can possibly accomplish a high GDP growth rate of around 10 percent and be a USD 10 trillion economy in the following 12 to 15 years, HUL CMD Sanjiv Mehta said on Monday.

Naming the current circumstance as a “gigantic opportunity for the nation”, Mehta said impulse should be given on digitizing segments like assembling, horticulture and pharma.

Mehta said while tending to a virtual occasion sorted out by the All India Management Association (AIMA) said, “Over the three decades, we have accomplished around 6 to 6.5% on a normal GDP development rate and in the event that we need to make 10 million positions each year, at that point we need to cross this gap somewhere in the range of 6 and 6.5% and 8 to 10%. the capability of the nation is there and that would overlook USD 5 trillion, in the following 12 to 15 years we could be on the cusp of beginning into a USD 10 trillion economy”.

To accomplish this, the nation must “think ambitiously, plan for an impressive future and act big”, he included.