KKR projects India's economy will double to over $8 trillion in the next decade, driven by structural reforms since 2014, infrastructure investment, and formalisation. The firm cites GST, the Insolvency and Bankruptcy Code, digitalisation, and services exports as key growth pillars, supporting 10-11% nominal GDP growth. Rising incomes and consumption remain strong themes despite elevated oil prices.
KKR: India's Economy Can Double to $8 Trillion in a Decade
Source: Moneycontrol