Modi’s developed-nation dream strains against India’s growth gap
- Posted on August 30, 2026
- By Business News Today
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- 1 min read
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Modi’s developed-nation dream strains against India’s growth gap
India may need to sustain annual growth of more than 9% to achieve its developed-economy ambition by 2047. Economists say reaching that goal will require stronger manufacturing, private and foreign investment, exports, domestic savings and job creation, while avoiding the middle-income trap.