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  • News From Press India's $2 trillion economy likely to double in next 8 years; huge opportunity for investors: Sunil Singhania

    India's $2 trillion economy likely to double in next 8 years; huge opportunity for investors: Sunil Singhania

    Source: Moneycontrol May 9, 2017

    The Indian economy, which took 68 years to hit the USD 2 trillion mark, could well double in the next 8 years, which will present a tremendous opportunity for investors especially in companies which are domestic driven, Sunil Singhania, CIO-Equity-Investment at Reliance Mutual Fund said in an interview with CNBC-TV18.

    Domestic companies could well 18-20 percent earnings growth and with goods & services tax (GST) in the offing will lead to shifting from organised to unorganised will lead to compounding growth in most of the domestic-driven sectors in the next 10 years, suggested Singhania.

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