India could reach $20 trillion by 2036 with 14.2% rupee growth: Equirus
Equiris estimated that these measures could lift India's growth trajectory while strengthening the external balance, creating the conditions required for the ambitious dollar-denominated target
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.
Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
