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India Should Aim to be $35 Trillion Economy by 2047: Amitabh Kant

The discussions at the Times ce series underscored optimism about India's economic future, emphasizing sustained growth towards becoming the third-largest global economy by 2027.

India CSR by India CSR
February 9, 2024
in Business
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Amitabh Kant
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New Delhi: India’s G20 Sherpa Amitabh Kant has said that India should aim to be a $35 trillion economy by 2047 by sustaining the growth momentum.

Positive Outlook on India’s Economic Growth

“Firstly, there’s a lot of positivity, there’s a lot of energy, and I feel there’s a lot of good feel factor about In- dia, not merely because we are the fifth largest economy in the world and heading to be the 3rd largest economy in the world by 2027 end. If we ‘re able to sustain this on a continuous basis, we should aim to become a $35 trillion economy by 2047,” Kant, former CEO of Niti Aayog, said at the fifth edition of Times at the fifth edition of Times ce series. Right To Excellence is an initiative by The Ti mes of India that focuses on pivotal sectors and topics shaping India’s growth story.

Spotlight on Interim Budget at Times’ Budget Masterclass

The series, which took place in the Capital, saw the spotlight was on last week’s Interim Budget. Called Budget Masterclass the summit brought together experts in dustry leaders and policymakers to decode announcements made by FM Nirmala Sitharaman. Author and for- mer CEO of P&G India Gur- charan Das, Maruti Suzuki India senior executive director Shashank Srivastava, Ni-ti Aayog director Urvashi Prasad, and experts from KPMG, PwC and Deloitte were among prominent speakers with tax planning, economic growth, government policies and auto sector be- ing the focus areas of the Masterclass.

Driving Sustainability in the Auto Sector

“Sustainability in the auto sector will be driven not just by consumer preferences but also by government policies,” Srivastava said at one of the sessions.

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