← Latest news 
India must grow 12 percent annually to reach 30 trillion by 2047 CEA Nageswaran
Economy
Published on 30 April 2026
The 30 trillion target hinges on one daring number
Chief Economic Advisor V Anantha Nageswaran says India can aim for a $30 trillion economy by 2047 if it sustains roughly 12% annual growth in dollar terms. He adds that higher growth must be supported by stronger technology capabilities and investment in frontier research, positioning these areas as key to maintaining momentum.
- CEA Nageswaran pegs the target at $30 trillion by 2047
- About 12% annual growth in dollar terms is the requirement
- Technology upgrades and frontier research are seen as essential
- Sustained growth is framed as a capability build-up, not only numbers
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times