India could reach $20 trillion by 2036 with 14.2% rupee growth: Equirus
India could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a research report. Services will become the principal engine of economic expansion, growing significantly. Proposed reforms span multiple sectors, including capital markets and human capital. Successful execution across many fronts will determine achieving this…
A research report by Equirus, a domestic brokerage firm, suggests that India could reach a $20 trillion economy by 2036 if it can achieve sustained annual rupee appreciation of around 3-3.6 percent and raise underlying rupee growth to approximately 14.2 percent. The report outlines a 20-step reform agenda that includes measures to strengthen the external balance, boost services as the principal engine of expansion, and create conditions required for the ambitious dollar-denominated target.
The reforms span various sectors, including the real economy, capital markets, human capital, services, and urban governance.
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- India could reach $20 trillion by 2036 with 14.2% rupee growth: Equirus thehindubusinessline.com
