Kaushal Kurapati\’s blog

Thoughts on Search, Technology and Management

Mid-2007: India a Trillion dollar economy

Posted by kaushalkurapati on May 31, 2007

As per Govt. of India GDP stats and current Rupee/$ value of 40.7, India is a Trillion Dollar economy now! Remember the date – May 2007. 12 nations belong to this club now.

So what would it take to double the GDP from here on? If India grows at 9% per annum rate, it would take 8 years — 2015. I would think that once an economy hits $1T, it kicks into higher gear and things would accelerate further. So the next trillion may happen sooner — 2013-2014, say, assuming a growth of 10-11%. Crippling infrastructure (power shortage, clean water, roads, ports) could be our only brake. Agriculture: Although agriculture’s share of gdp is declining, majority of the country engages in it and so agri’s performance is key to driving up consumer-demand, which clearly is a big chunk of the GDP.

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One Response to “Mid-2007: India a Trillion dollar economy”

  1. Kaushal said

    hey you Money does not make a country, it is made by and with it’s citizens. india has much population so is a big market to make huge profit. this fact is not to be proud of. in every corner of this nation there is hunger,corruption,begging,poverty. u r talking agriculture, damn- no body wants to continue his career as a farmer, they want to do job in an office sitting on a chair– that is india. my dear kurapati india is already a trillion dolor economy open your eyes and look at swiss bank account of corrupt indians then u will find that india is not only $ 1tr but it is $2tr economy.

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