India To Grow 6 To 8% In Real Terms In Next 5 Years: Ashwini Vaishnaw At Davos

Union Minister Ashwini Vaishnaw said India is poised for strong economic growth, with real GDP expected to rise 6–8% and nominal growth 10–13% over the next five years. Speaking at a session during WEF 2026 in Davos, he highlighted government initiatives to simplify business processes, including slashing telecom tower approval time from 270 days to 7 days and achieving 89% instant approvals. Vaishnaw stressed the need to align bureaucracy with policy goals and improve industry communication. He also outlined India’s AI strategy, focusing on building capabilities across architecture, applications, models, chips, infrastructure, and energy, aiming to become a global hub for AI-driven services.TOI Bharat delivers the latest news, biggest voices, sharpest views and in-depth coverage of India’s political, social and economic landscape. Stay updated will all things making news in India and the subcontinent. We keep you informed. Your Nation. Your Voice .