NEW DELHI : Billionaire Gautam Adani on Wednesday said India is at a dramatic inflexion point from where its economy will grow to ten times by 2050 with the nation having several trillion-dollar companies and cheapest power from renewable energy.
In his talk on ‘Incredible India and the opportunities ahead for India’ at the TiE Global Summit, Adani saw India’s GDP rising to USD 28 trillion by 2050 from the current USD 2.8 trillion, stock market valuation swelling to USD 30 trillion and a USD 10 trillion retail market. Plus the nation will be home to one in every three middle-class people in the world.
A combination of “India’s soft power with the hard power of a USD 28 trillion GDP and a USD 30 trillion value stock market will give an incredible nation that is taking the journey to becoming the greatest opportunity of the 21st century,” he said.
