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India eyes $3 trillion industrial opportunity by 2035

Omniscience Capital emphasised that higher domestic consumption—fuelled by rising per capita income—and India’s target of $1 trillion in merchandise exports by 2030 will be major growth drivers. Achieving this will require a 12% annual growth in exports, up from the current $450 billion. Notably, India’s merchandise exports have shown strong momentum, growing at an 18.8% CAGR over the past three years.Read more

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