Suresh Prabhu, Union Commerce and Civil Aviation Minister said that India has the capability to be a USD 5 trillion economy in the next 7-8 years.
While addressing a seminar at Vibrant Gujarat Global Summit, he pointed that his department had prepared a road map to make this possible in the coming years by completely focusing on manufacturing, service sectors and agriculture.
He said that “India has a potential to be a USD 5 trillion economy in 7 to 8 years, and definitely a USD 10 trillion economy before 2035,” Adding to this, he said that “Manufacturing should lead to export. This will bring quality and competitiveness. Our cumulative export stands at around half a trillion dollars. The challenge is to double it,”
He added that now our country have great opportunity to increase exports and there are problems in the world and India should take benefit of it and also can increase exports to Africa and Latin American countries.