At 6.8%, India to stay the fastest-growing large economy; emerging sectors in spotlight.

Interestingly, the next seven fiscals (2025-2031) will see the Indian economy crossing the $5 trillion mark and inching closer to $7trillion. A projected average expansion of 6.7% in this period will make India the third-largest economy in the world and lift per capita income to the upper middle-income category by 2031.

As India continues to develop, the infrastructure sector holds significant potential for future growth. The market is expected to reach approximately $ 204.06 billion in 2024 and grow to $ 322.27 billion by 2029, with a CAGR of 9.57%.