India needs $100 bn FDI annually to become $5 trillion economy: India-centric US group

Mukesh Aghi, president of US India Strategic and Partnership Forum, said India needs at least USD 100 billion of foreign direct investment every year to reach its target of a USD 5 trillion economy.

India needs at least USD100 billion of foreign direct investment every year to reach its target of a USD5 trillion economy from the current USD 2.7, the head of a top India-centric American business advocacy group has said. The group made the observation, asserting that a major chunk of this FDI is going to come from the United States.