India to be 2nd largest economy by '50: Adani : The Tribune India

India to be 2nd largest economy by '50: Adani

India to be 2nd largest economy by '50: Adani

Gautam Adani



Tribune News Service

New Delhi, November 19

Industrialist Gautam Adani has reiterated his confidence in India’s growth story, saying it will become the world’s second largest economy by 2050.

Foundation laid

India’s success story of combining economic growth and democracy has no parallel. The foundation to build a new resilient India has already been laid. Gautam Adani, Industrialist

Adani has stakes in the country’s economic growth as he has lined up $70 billion over the next 10 years in a new energy value chain alone. “It took us 58 years to get to our first trillion dollars of GDP, 12 years to get to the next trillion and just five years for the third trillion. Given the pace at which the government has been executing a vast multitude of simultaneous social and economic reforms, I anticipate within the next decade, India will start adding a trillion dollar to its GDP every 12 to 18 months, putting it on track to be a $30 trillion economy by 2050,” he said.

#democracy #gautam adani

Tribune Shorts


Top News

Powerful 7.8 magnitude earthquake hits Turkey

Powerful earthquake kills more than 1,300 people in Turkey, Syria

Hundreds are still believed to be trapped under rubble, and ...

Supreme Court agrees to hear plea against appointment of lawyer LCV Gowri as Madras High Court judge

Supreme Court agrees to hear plea against appointment of lawyer LCV Gowri as Madras High Court judge

Some purported statements of the lawyer, allegedly against M...

PM Modi unveils India’s biggest helicopter manufacturing facility in Karnataka

PM Modi unveils India’s biggest helicopter manufacturing facility in Karnataka

It will enable India to meet its entire requirement of helic...

PM Modi will do his best to avert discussion on Adani issue in Parliament: Rahul Gandhi

PM Modi will do his best to avert discussion on Adani issue in Parliament: Rahul Gandhi

Said the country should know what power is behind the billio...


Cities

View All