India Next—Charting the Growth Story

  (IMF estimates India’s GDP to grow at 9.6 per cent in CY22). This is a positive step towards realising our ambition of becoming a $5-trillion economy in the next few years. While there are varying opinions on when we may get there, our original target of FY25 may be a stretch due to the pandemic and its impact on the economy. At the same time, there is a general consensus that the manufacturing sector must play a pivotal role to achieve this goal. This is reflected not just in the report of the Working Group on the $5-trillion economy