India needs to grow by 9 percent every year for five years and raise aggregate investment rate to 38 per cent of gross domestic product (GDP) to turn a $5-tr economy, EY recently said. That is needed to take the economy size to $3.3 tr in 2020-21, $3.6 tr in 2021-22, $4.1 tr in 2022-23, $4.5 tr in 2023-24 and $5 tr in 2024-25.