Summary:
At the 2nd Uttar Pradesh International Trade Show 2024, Vice President Mr. Jagdeep Dhankhar emphasized Bharat as a booming economy and a top global investment destination. He stated that India's GDP is on track to reach $4 trillion, with an expected growth rate of 8%. He cited rapid infrastructure progress, including 28 kilometers of roadways constructed every day, 8 new airports per year, and 12 new industrial zones dedicated to emerging technologies under Prime Minister Modi's leadership.
He highlighted India's digital and financial accomplishments, including 13 billion monthly transactions and a robust startup ecosystem with 117 unicorns. The semiconductor industry is projected to reach $55 billion by 2026. He praised Uttar Pradesh's transformation into "Uttam Pradesh" under Chief Minister Yogi Adityanath, who aims for a $1 trillion GDP by 2027. He also underscored the potential for cultural and commercial interactions through the partnership with Vietnam.
Source: IBEF
Disclaimer: The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.