India’s ambition to reach a $10 trillion economy by 2047 is gaining momentum. With GDP growth projected at 7.4% in FY2026 and inflation contained at 1.7%, the country is at an inflection point. Policymakers stress reforms, clean energy, digital sovereignty, and global trade resilience as critical drivers of long-term growth.
India’s economic journey is entering a decisive phase. As the world’s fastest-growing major economy, India is expected to become the third-largest economy within the next few years. The government’s vision of a $10 trillion economy by 2047 is anchored in structural reforms, fiscal discipline, and strategic investments.
Key Highlights:
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Global Business Summit 2026: Scheduled for Feb 13–14 in New Delhi, focusing on India’s $10 trillion ambition.
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Current Growth: GDP projected at 7.4% in FY2026, with inflation at 1.7%, supported by easing monetary policy.
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Strategic Priorities: Clean energy, semiconductor manufacturing, defense, and digital sovereignty.
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Policy Focus: Outcome-based budgeting, center–state coordination, and simplification of regulations.
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Global Context: At Davos 2026, leaders emphasized execution over ambition, highlighting healthcare, livability, and trade resilience.
India’s path to a $10 trillion economy will require balancing growth with inclusivity, sustainability, and innovation. With strong fundamentals and reform momentum, the next two decades could redefine India’s role in the global economy.
Sources: The Economic Times, The Indian Express, World Economic Forum