India needs investment rate of 34-35% of GDP to hit 8% growth: Surjit Bhalla

India needs a higher investment rate to achieve its ambitious eight percent growth target. Private investment revival is crucial for productivity and sustained long-term economic expansion. The current investment-to-GDP ratio supports only about six point five percent growth. Reforms to foreign investment policy and bilateral investment treaties are essential. Government policies and ease of doing business improvements will shape the investment climate.