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

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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.

Reporting by Jake Spring; Editing by Sandra Maler

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