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India needs to grow at 9 to 10% for better ties with US, says Amitabh Kant

Apr 22, 2016, 17:45 IST

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Niti Aayog CEO Amitabh Kant has said that India needs to grow at 9 to 10% every year for at least thirty years. This growth, he said, can prove to be vital in taking Indo-US ties to the next level.

"It is possible to provide greater momentum, greater fillip to Indo-US relationship if India continues to grow rapidly. India is growing at about 7.5 per cent per annum. It's an oasis of growth in the midst of a very barren economic landscape," Kant said at an event organised by American Chamber of Commerce in India.

"But the challenge for India is to grow at 8-9-10 per cent per annum, year after year, for three decades or more. And only when we grow at those rates, our (Indo-US) relationship will get strengthened."

Indian economy grew at 7.6% in 2015-16.

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Kant also stressed on making India an easy and simple place to do business, which would further strengthen our global position. He said that India needs to realise the globalised world that we are in, for which it has to be integral part of the global supply chain.

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