News › Markets  ·  17 Oct 2026, 12:12 AM IST  ·  3 days ago

'India needs 8-9% growth to become a developed nation by 2047'

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In one line — India aims to become a $30 trillion economy by 2047, from its current size of around $4 trillion. The country's gross domestic product (GDP) grew 7.8% in the June quarter, exceeding expectations.

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Source: Economic Times · AI-summarised by Anadi · Updated 17 Oct 2026, 12:37 AM IST

What Happened

India aims to become a $30 trillion economy by 2047, from its current size of around $4 trillion. The country's gross domestic product (GDP) grew 7.8% in the June quarter, exceeding expectations.