India needs to lift its investment rate to around 34-35% of GDP to achieve an 8% growth trajectory, with a sharp revival in private investment crucial for boosting productivity and sustaining long-term expansion, former Economic Advisory Council to the Prime Minister member Surjit Bhalla said on Monday.
Speaking on the sidelines of the Elara India Dialogue 2026: Aswamedh-India Renaissance in Mumbai, Bhalla said India's current investment-to-GDP ratio of around 28-30% was consistent with long-term growth of about 6.5%, but a significantly higher investment rate would be needed to push growth to 8%.
