Modi says wants to make India a $ 5 trillion economy by 2024

BRASILIA (Reuters): India’s Prime Minister Narendra Modi said that his country aims to be a $ 5 trillion economy by 2024, in remarks to leaders at a summit of BRICS major emerging economies on Wednesday.

India’s GDP in 2018 was $ 2.6 trillion. Modi said that BRICS targets for investment and trade must be more ambitious and that he welcomes suggestions to further reduce trade costs.