India will be a $2-trillion economy in the next five years as its GDP growth is likely to average at 12 percent in nominal terms powered by a huge consumption demand, Enam Securities has said. “India’s GDP is likely to grow at (an) average 12 percent in nominal terms. Hence, India will be a $2 trillion economy by 2014-15,” said Enam Securities Head-Research, Nandan Chakraborty, and Economist Sachchidanand Shukla in a report titled India Strategy.
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India to be $2 Trillion economy by 2014-15