The Indian economy, which took 68 years to hit the USD 2 trillion mark, could well double in the next 7 years, Sunil Singhania, Chief Investment Officer, Equity, Investments at Reliance Mutual Fund told Moneycontrol in an interview.
"Our view is that from 1947 to 2007, we (India) grew to USD 1 trillion economy; the next 1 trillion was generated in 7-8 years. So, in 67-68 years, we became USD 2 trillion. Our view is that this USD 2 trillion in the next 7 years will become USD 4 trillion," Singhania said.
"We do expect that the market cap should be 1:1; so market cap over the next 7 years can be USD 4 trillion,” he added.
