Indian economy is well tuned to clock at least over six per cent annual growth for the next five years, Planning Commission member N K Singh said.
"The current state of the economy indicates a 6-7 per cent annual growth for the next five years," Singh said addressing the concluding session of Confederation of Indian Industry-organised marketing summit.
The confidence of over six per cent growth rate emerges from the government's commitment to spend huge amount for overall infrastructure development in the days ahead, he added.
Singh said there has been considerable unanimity on the issue of carrying forward the reforms agenda and was evident in the case of smooth passage of bills relating to airport privatisation and the power sector.
He said infrastructure development initiatives taken are not a one-time phenomenon, but a continuous process aimed at laying foundation for leveraging future growth.
On the issue of marketing of the Indian economy, he said: "It has to be based on four critical points."
India has a dependable and reliable economy with a stable economic growth rate. Second, it has been able to develop a huge base of basic infrastructure network to leverage future growth process.
Third, it has demographic advantages as exhibited by its rich pool of human resource. Lastly, India should be marketed as a future global knowledge destination.
The demographic edge of India needs to be marketed in an aggressive manner, Singh said.