A new KPMG India report emphasizes that for India to achieve Viksit Bharat 2047, the country must transition from growth at scale to growth in productivity. The study outlines ten priorities including manufacturing depth, human capital, MSME competitiveness, infrastructure efficiency, and institutional delivery, forming a blueprint for India’s next growth phase.
At the Global Business Summit 2026, KPMG India unveiled its report “Top 10 Priorities for India’s Next Growth Phase – Viksit Bharat 2047.” The report argues that India’s development journey must now focus on quality outcomes and productivity gains, rather than just expanding scale.
The transition involves moving from assembly to manufacturing depth, from infrastructure creation to logistics efficiency, and from access to services to measurable quality outcomes. KPMG highlights that predictable delivery and execution will be the cornerstone of India’s economic resilience.
Key Highlights
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Strategic Shift: From scale-driven growth to productivity-led outcomes.
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Manufacturing Depth: Strengthening domestic production capabilities.
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Human Capital: Building a future-ready workforce with advanced skills.
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MSME Competitiveness: Enhancing efficiency and innovation in small businesses.
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Infrastructure Efficiency: Moving beyond creation to optimized logistics and usage.
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Institutional Delivery: Ensuring governance and execution excellence.
Context
The report aligns with India’s long-term vision of Viksit Bharat 2047, stressing that execution, innovation, and productivity will define the next growth phase. With global uncertainties and shifting supply chains, India’s ability to deliver predictable outcomes will be critical for sustained progress.
Sources: KPMG India Report, The Economic Times, Asianet Newsable, ANI, Global Business Summit Coverage