India's GDP growth can average 7.5% till 2030: Nomura

New Delhi: India's GDP growth can average at least 7.5% per annum for this decade if the economy witnesses a faster-than-expected revival of private investment, Nomura said in a report.

The Tokyo-headquartered investment banking firm said India's GDP growth is likely to average 7% from 2024-25 to 2029-30.