India’s blueprint to be a $40 trn powerhouse by 2047 will likely be ready this week

The sectoral groups of secretaries on Vision India @2047 will account for their plans to the cupboard secretary later this week and part their strategies to make India a number one player all over products and companies by the nation’s 100th 365 days of Independence.

The government has already held industry consultations to set aside dreams for 2024, 2030 and 2047 and title focal capabilities in technology, spoil of day and futuristic areas.

“The groups will account for their plans to the cupboard secretary this week. One community has advised ways of making India a $40 trillion economy by 2047,” acknowledged a government reliable.

The government had set aside up some sectoral groups of secretaries to finalise the blueprint for the notion.


India’s nominal harmful home product in FY22 is estimated at Rs 232.1 lakh crore, real over $3.1 trillion, effectively wanting $5 trillion by FY25.

The ministries of commerce and industry, and textiles beget discussed with exporters and industry benchmarking India’s regulations and key socio-economic indicators all over all sectors to global standards, and a hole analysis between home and developed global capabilities.

“We now beget discussed ways to beget both non-public and public Indian corporations as global leaders by enhancing competitiveness and capacity,” acknowledged a textile industry consultant.

As per one other industry consultant, the intent of the exercise is to brainstorm and ideate ways to beget institutional skills collectively with government course of re-engineering, and propose a framework to field India as a leader in the kind of sector inner a decade.

One such intention is to become vitality-independent by 2047.

The groups’ strategies moreover touch upon devising methods for institutional collaboration with international governments, global agencies and establishments in the self-discipline of technology.

“We now beget been requested to chalk out a roadmap to beget tutorial and research establishments, think tanks and corporations as global leaders,” acknowledged a consultant of an export promotion council.

An identical industry consultations beget been done by the tourism ministry.

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