
"India will start adding a trillion dollars to its GDP every 12 to 18 months": That's what Indian billionaire Gautam Adani said while speaking at Crisil Ratings' 'Annual Infrastructure Summit'.
Adani highlighted the country's accelerated growth trajectory and said that India is on the brink of an unprecedented economic boom within the next decade, potentially adding a trillion dollars to its GDP every 12 to 18 months.
He said this could make India a $30 trillion economy by 2050.
It took 58 years for India to achieve its first trillion dollars in GDP, 12 years for the second trillion, and just five years for the third trillion. Gautam Adani said attributing the progress to India's effective government reforms.
"At this pace, we expect to add a trillion dollars to our GDP every 12 to 18 months within the next decade. This will position us as a $30 trillion economy by 2050, with a stock market capitalization exceeding $40 trillion," Adani said.
"No other nation is poised for such scale and opportunity. This is the best time to be an Indian," he asserted.
Pointing out massive infrastructure growth in the country, he said, "Our infrastructure capex cycle is unlike anything seen before, laying the groundwork for decades of growth."
Adani highlighted the country's accelerated growth trajectory and said that India is on the brink of an unprecedented economic boom within the next decade, potentially adding a trillion dollars to its GDP every 12 to 18 months.
He said this could make India a $30 trillion economy by 2050.
It took 58 years for India to achieve its first trillion dollars in GDP, 12 years for the second trillion, and just five years for the third trillion. Gautam Adani said attributing the progress to India's effective government reforms.
"At this pace, we expect to add a trillion dollars to our GDP every 12 to 18 months within the next decade. This will position us as a $30 trillion economy by 2050, with a stock market capitalization exceeding $40 trillion," Adani said.
"No other nation is poised for such scale and opportunity. This is the best time to be an Indian," he asserted.
Pointing out massive infrastructure growth in the country, he said, "Our infrastructure capex cycle is unlike anything seen before, laying the groundwork for decades of growth."
Gautam Adani also mentioned that the Adani Group intends to invest over $100 billion in the energy transition space.