News › Markets · 28 Aug 2026, 3:00 PM IST · 4 days ago

India can reach a $5.1 trillion economy by FY29 as growth strengthens: Omniscience Capital

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In one line — India's economy could reach $5.1 trillion by FY29, according to OmniScience Capital. Stronger real growth and healthier balance sheets support this expansion. The pandemic and rupee depreciation had previously delayed th

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Source: Economic Times · AI-summarised by Anadi · Updated 28 Aug 2026, 3:13 PM IST

What Happened

India's economy could reach $5.1 trillion by FY29, according to OmniScience Capital. Stronger real growth and healthier balance sheets support this expansion. The pandemic and rupee depreciation had previously delayed this $5 trillion ambition. Real GDP growth averaged 7.4% between FY22 and FY26. An optimistic scenario projects India's GDP reaching $5.9 trillion by FY29.