India to continue to have 6-8% consistent growth rate over next 10 years: Ashwini Vaishnaw
Union Minister Ashwini Vaishnaw has expressed confidence that India will continue to have 6-8 per cent consistent growth rate over the next 10 years, as he invited global players to innovate in the country for the domestic and world markets. He stated India is open to the world, and to new ideas. He nudged the global community to ‘come here, innovate here for India... for the world.’
He stated ‘The Indian economy is growing at a consistent clip at a very good rate. In the next 10 years, India will continue to see a 6-8 per cent consistent growth rate... I can say that with a high level of confidence.’ The building blocks for this are already in place and the results are visible, he said, outlining various initiatives taken by the government under Prime Minister Narendra Modi.
Further, he said improvement in physical and digital infrastructure, education and skilling, as well as innovation and development, has bolstered the country's growth. The next five years will further lay the foundation for India to become a developed country by 2047. The focus over the next five years will be on the full spectrum of manufacturing, upliftment through education, and infusion of technology in the healthcare sector, among other priorities. Besides, he said that in the current global geopolitical backdrop, many old structures are getting revised, and added it is time to reposition the country. The world is looking to India as a trusted geography and large talent pool.
