PMS AIF WORLD's Bengaluru Investment Summit | Amritkal for INDIA by Vikas Khemani, Carnelian
Compounding is miracle.
Total banking credit has increased 20x over the past two decades, reaching $2.5 trillion from $125 billion in 2001.
This figure is projected to surge to $65-70 trillion in the next 25 years, surpassing the current GDP of less than $4 trillion.
Corporate profits in India have witnessed substantial growth, surging from $8 billion in 2001 to $150 billion last year. This growth is projected to continue, reaching $1 trillion by 2035 and $25 trillion by 2047.
Outlook for future:
India’s GDP is projected to reach $29-30 trillion by the time the country turns 100 (Amrit Kaal, 25 years), a significant increase from the current $3.7-3.8 trillion. This translates to a potential 16x growth in total GDP and a per capita GDP of $18,000, up from $2,500. India’s share of global trade is also expected to rise to 15-16%, a substantial jump from the current 4%.
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