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Growing at 9-10 pc challenge for India: Kant

Press Trust of India  |  New Delhi 

is growing at 7.5 per cent per annum but it is a challenge to grow at 9-10 per cent in the next 30 years, Aayog today said.

He was speaking at an event organised by Aayog with French investors.

On startups, he said, the country has created one of the finest startup ecosystems in the world and these ventures are doing extremely well here.

"We are now seeing a reversal. Startups from Silicon Valley and are relocating to India," the Aayog said.

"Don't look at Europe, it's a very small market, don't waste your time in the US, look at India, it's a billion plus market," he added.

further said is going through a demographic transition as 72 per cent of its population is young and the population will keep growing younger.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 17:41 IST