India needs at least $100 bn FDI every year to become $5 tn economy

India needs to grow its economy from the current $2.7 trillion to $5 trillion. It will need a lot of FDI coming in — at least $100 billion dollars a year to fuel that growth, Mukesh Aghi, president of US India Strategic and Partnership Forum said. India needs at least $100 billion of foreign direct investment every year to reach its target of a $5 trillion economy from the current $2.7, the head of a top India-centric American business advocacy group has said. The group made the observation, asserting that a major chunk of this FDI is going to come from the United States.
India needs to grow its economy from the current $2.7 trillion to $5 trillion. It will need a lot of FDI coming in — at least $100 billion dollars a year to fuel that growth, Mukesh Aghi, president of US India Strategic and Partnership Forum told PTI in a recent interview.