India poised to be $10 trillion economy in next 15 years: Suresh Prabhu
EW DELHI: Minister of commerce & industry and civil aviation Suresh Prabhu, struck a bullish note at The Economic Times Supply Chain Management & Logistics Summit 2018, as he outlined the challenges and imperatives for the next level of the India growth story.
Recognising the importance of the logistics sector in India’s growth story, Prabhu said the government is working on an economic plan to create logistics hubs and see how it can manage logistics more efficiently. “Our economy is poised to grow up to $5 trillion in the next 7-8 years, and up to $10 trillion in the next 15 years. Logistics will play a key role in driving this growth, it has always been the backbone of the economy,” Prabhu said. “It determines how fast an economy grows. We are identifying hindrances and removing them. At the same time, we are trying to digitise the entire supply chain. The idea is to prepare a proper integrated logistics plan.”
Krishnan M - navi mumbai - 5 hours ago
Apropos of the title: "India poised to be $10 trillion economy in next 15 years: Suresh Prabhu," only hard-core politicians would make such grandiose statements !
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Arijit Ghosh - 13 hours ago
Let delhi govt work without your interference please. And please come to the point on 2 crore jobs,rising gdp(gas diesel,petrol) and cutting army budget.
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Mithun Ghosh - 23 hours ago
Only if congress out of power