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Ambit Asset Management's Key Themes In India's Journey To A $10-Trillion Economy—BQ Edge

Ambit Asset Management says it's realistic to expect India to become a $10-trillion economy in the next decade and a half.

A vendor holds a bag full of Indian rupee banknotes of various denominations at the Margoa wholesale fish market in Margo. (Photographer: Dhiraj Singh/Bloomberg)
A vendor holds a bag full of Indian rupee banknotes of various denominations at the Margoa wholesale fish market in Margo. (Photographer: Dhiraj Singh/Bloomberg)
India set an ambitious target to become a $5-trillion economy by 2024 even as growth slowed prior to the pandemic. The disruption caused by Covid will delay it further.According to Ambit Asset Management, the nation will not only become a $5-trillion economy in the next few years, but the $10-trillion target is also "achievable".It's realistic to expect that India will reach $10 trillion over the next decade and a half, Sushant Bhans...
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