5-trillion dollar economy goal may trip without more power capacity

August 13, 2019 |
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5-trillion dollar economy goal may trip without more power capacity

Mumbai: India will be able to grow into a five trillion dollar economy by 2024-25 if it increases energy production and supports industry growth, according to energy company Larsen & Toubro CEO Shailendra Roy. He added that the government should take the lead as private companies are not making much of an impact in the investment sector.

The government aims to become a three trillion dollar economy by 2019-20. Moreover, the Modi government has announced that India will be transformed into a five trillion dollar economy by 2024-25.

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