How Indian Economy can achieve $7 trillion target by 2030?
India’s ambition to reach a $7 trillion economy by 2030 requires sustaining a nominal GDP growth rate of 10-12% annually (7-8% real growth with moderate inflation) from its current $3.7 trillion (FY24). This can be achieved through:
High GDP Growth: Maintain robust domestic demand, increase investment to 35-36% of GDP, and boost productivity via structural reforms in labor, land, and taxation.
Manufacturing & Exports: Expand “Make in India” and Production Linked Incentive (PLI) schemes to raise manufacturing’s GDP share to 25%, targeting $2 trillion in exports by diversifying markets and improving logistics.
Infrastructure Development: Invest $2.2 trillion in physical (roads, ports, railways) and digital infrastructure (5G, broadband) through public-private partnerships and initiatives like Gati Shakti.
Digital & Tech Innovation: Scale Digital India, leverage AI, fintech, and renewable energy (450 GW capacity), positioning India as a global tech and green economy leader.
Human Capital: Enhance education, healthcare, and skilling to harness the demographic dividend, boost workforce participation (especially women), and drive inclusive growth.
Sustainability: Promote renewable energy, EVs, and climate-resilient policies to align growth with ESG goals and reduce import dependence.
Financial Reforms: Strengthen banking, deepen capital markets, and improve credit access for MSMEs to fuel investment.
Agriculture: Modernize farming with agri-tech, improve supply chains, and expand food processing to increase rural incomes.
Global Integration: Secure trade agreements, diversify supply chains, and manage geopolitical risks to enhance export competitiveness.
Policy Stability: Ensure consistent regulations, fiscal discipline, and governance to attract FDI and private investment.
Challenges: Global slowdowns, inflation, job creation, and implementation hurdles must be addressed with agility and coordination across sectors. With its demographic advantage, digital prowess, and reform momentum, India is well-positioned to hit the $7 trillion target by 2030 if these strategies are executed effectively.
India’s ambition to become a $7 trillion economy by 2030 hinges on strategic reforms, sectoral growth, and addressing structural challenges.
1. Accelerate GDP Growth to ~12% CAGR
India must increase its growth rate from the current ~7% to an 11.9% CAGR (2023–2030) through robust infrastructure spending, policy stability, and private investment. This requires doubling down on reforms to streamline regulations and improve ease of doing business.
2. $2.2 Trillion Infrastructure Investment
Prioritize infrastructure development, including logistics, renewable energy, and smart cities, backed by public-private partnerships (PPP). Private sector participation, which dropped from 46.4% (2009–13) to 7.2% (2019–23), must be revived through incentives.
3. Boost Private Sector Confidence
Enhance private investment by simplifying tax regimes, reducing bureaucratic hurdles, and expanding PPP models. The private sector’s role as a primary growth driver—not just a contributor—is vital for job creation and innovation.
4. Leverage High-Growth Sectors
IT & Digital Services: Expand the $300 billion IT sector through AI, IoT, and cloud computing (23.4% CAGR projected).
Renewable Energy: Achieve 450 GW renewable capacity by 2030, focusing on solar and wind.
Real Estate: Sustain 9.2% CAGR growth via urban development and tier-2 city expansion.
Automobiles: Drive EV adoption and capitalize on India’s position as a global manufacturing hub.
5. Strengthen Export Competitiveness
Target $2 trillion in exports by 2030 by diversifying markets, improving logistics (ranked 38th globally in 2023), and leveraging free trade agreements. Address global protectionism through strategic trade alliances.
6. Fiscal Discipline & Debt Management
Maintain fiscal deficit control while increasing capital expenditure. The government’s Gati Shakti and PLI schemes can enhance productivity and attract foreign investments.
7. Digital Transformation & Innovation
Scale initiatives like Digital India to foster tech-driven solutions in governance, finance, and healthcare. Integrate AI and automation to boost sectoral efficiency.
8. Human Capital Development
Invest in education and healthcare to build a skilled workforce. The healthcare sector, growing at 8% CAGR, and medical tourism (targeting $14.3 billion by 2029) can drive inclusive growth.
9. Sustainability & Climate Resilience
Align growth with green policies, such as the PM-KUSUM scheme for solar energy, to attract ESG-focused investments and mitigate climate risks.
10. Global Collaboration & Risk Mitigation
Navigate geopolitical tensions and inflation by diversifying supply chains and fostering multilateral partnerships. Monitor external demand shocks and adapt policies proactively.
Achieving the $7 trillion target demands coordinated efforts across sectors, enhanced private participation, and adaptive policy frameworks. While challenges like global slowdowns and geopolitical risks persist, India’s demographic dividend, digital prowess, and reform momentum position it favorably to realize this vision.
Here are 10 key points outlining how the Indian economy can achieve the $7 trillion target by 2030, based on current trends, government initiatives, and expert insights:
Sustained High Growth Rate: India needs to maintain an annual GDP growth rate of around 7-8% or higher. This can be achieved by leveraging strong domestic demand, which has driven growth above 7% in recent years, and ensuring consistent economic momentum.
Infrastructure Development: Continued investment in physical and digital infrastructure, such as roads, ports, railways, and 5G networks, will boost productivity and attract investment. Government initiatives like the National Infrastructure Pipeline can play a pivotal role.
Manufacturing Boost via ‘Make in India’: Expanding the manufacturing sector’s share in GDP from 15% to 25% through policies like the Production Linked Incentive (PLI) scheme will create jobs, increase exports, and enhance industrial output.
Export Growth: Achieving the $2 trillion export target (goods and services) by 2030, as projected by Commerce Minister Piyush Goyal, will require diversifying export markets, improving trade infrastructure, and capitalizing on global supply chain shifts.
Financial Sector Reforms: Strengthening the financial sector through liberalization, improving access to credit for MSMEs, and integrating with global markets will support investment and economic expansion.
Technology and Innovation: Leveraging Artificial Intelligence, renewable energy, and digital platforms like UPI and ONDC can drive productivity gains and position India as a tech leader, accelerating economic growth.
Inclusive Growth: Focusing on skilling, education, and healthcare reforms will enhance workforce productivity and participation, especially for women and rural populations, ensuring equitable growth that fuels consumption.
Energy Transition: Balancing energy security with sustainability by scaling renewable energy (e.g., meeting 50% of energy needs by 2030) will reduce import costs and support long-term economic stability.
Private Sector Investment: Encouraging private investment, both domestic and foreign, through eased regulations and initiatives like ‘Make in India 2.0’ will complement government spending and drive capital formation.
State-Level Reforms: Collaboration between central and state governments to improve governance, reduce compliance burdens, and implement land and labor reforms will ensure balanced regional growth and maximize economic potential.
Achieving this ambitious target will require overcoming challenges like geopolitical risks, global trade slowdowns, and the need for a compounded annual growth rate of around 10-11% in dollar terms from current levels (approximately $3.7 trillion in FY24). With robust policies, structural reforms, and global cooperation, India can realistically aspire to this milestone by 2030.
India’s goal of achieving a $7 trillion economy by 2030 is ambitious but achievable with strong policy implementation and economic reforms.
1. Sustained High GDP Growth
Maintain an annual GDP growth rate of 8% or more.
Focus on productivity, innovation, and digital transformation.
2. Manufacturing & Make in India
Expand Make in India to attract global supply chains.
Strengthen domestic manufacturing, especially in semiconductors, electronics, and automobiles.
3. Infrastructure Development
Invest in roads, railways, ports, and smart cities.
Increase public and private investment in infrastructure projects.
4. Digital & Technology Revolution
Accelerate adoption of AI, blockchain, and Industry 4.0.
Strengthen India’s position as a global IT and services hub.
5. Financial Reforms & Investments
Expand FDI and FII inflows through liberalized policies.
Strengthen banking and capital markets for better credit access.
6. Green Energy & Sustainability
Invest in solar, wind, and hydrogen energy to reduce carbon footprint.
Promote electric vehicles (EVs) and sustainable urban planning.
7. Agricultural Modernization
Increase productivity through precision farming and agri-tech.
Enhance food processing and agro-exports.
8. Skill Development & Job Creation
Invest in education and vocational training to develop a skilled workforce.
Boost employment in manufacturing, IT, and services sectors.
9. Startup & Innovation Ecosystem
Strengthen Startup India and promote entrepreneurship.
Provide easier access to funding and mentorship for startups.
10. Global Trade & Export Growth
Expand India’s share in global exports.
Strengthen trade ties with major economies (US, EU, ASEAN).
By focusing on these 10 key areas, India can unlock its economic potential and achieve the $7 trillion GDP target by 2030.
Achieving a $7 trillion economy by 2030 is an ambitious but potentially achievable goal for India. It would require sustained high growth across various sectors, supported by strategic policy interventions and effective execution.
1. Sustained High Economic Growth:
Maintaining and Exceeding Current Growth Rates: India needs to consistently grow at an average nominal GDP growth rate of around 12-13% annually over the next five years. This would involve a significant acceleration in real GDP growth coupled with manageable inflation.
Boosting Investment: A significant increase in both public and private investment is crucial. This includes investments in infrastructure, manufacturing, technology, and human capital.
Enhancing Productivity: Improving productivity across all sectors, from agriculture to services, through technological adoption, skill development, and efficient resource allocation.
2. Focus on Key Growth Drivers:
Manufacturing Push:
Strengthening “Make in India” Initiatives: Attracting domestic and foreign investment in manufacturing by improving the ease of doing business, offering incentives, and developing industrial infrastructure.
Developing Export-Oriented Industries: Focusing on sectors with global demand and enhancing competitiveness to boost exports.
Integrating into Global Value Chains: Becoming a key player in global supply chains to drive manufacturing growth.
Services Sector Expansion:
Leveraging India’s Strengths in IT and ITeS: Further strengthening these sectors through innovation, skill enhancement, and exploring new opportunities like AI, cloud computing, and cybersecurity.
Promoting Tourism and Hospitality: Developing tourism infrastructure and promoting India as a global tourist destination.
Expanding Financial Services: Deepening the financial market, improving access to credit, and fostering innovation in fintech.
Healthcare and Education: Investing in and improving the quality and accessibility of healthcare and education services.
Agricultural Transformation:
Increasing Productivity: Implementing modern farming techniques, improving irrigation facilities, and promoting the use of technology.
Strengthening Agri-Infrastructure: Investing in storage, transportation, and processing facilities to reduce wastage and improve market access for farmers.
Promoting Food Processing Industries: Adding value to agricultural produce and creating employment opportunities.
Infrastructure Development:
Investing Heavily in Physical Infrastructure: This includes roads, railways, ports, airports, power, and water supply. The National Infrastructure Pipeline needs to be implemented effectively.
Developing Digital Infrastructure: Expanding broadband connectivity, promoting digital literacy, and building a robust digital ecosystem.
3. Strategic Policy Interventions and Reforms:
Ease of Doing Business: Continuously improving the regulatory environment, reducing bureaucratic hurdles, and simplifying compliance procedures.
Tax Reforms: Maintaining a stable and predictable tax regime, streamlining tax structures, and improving tax administration.
Labor Reforms: Implementing flexible and modern labor laws that balance the interests of employers and employees.
Trade Policy: Pursuing favorable trade agreements and promoting exports through incentives and support measures.
Investment Promotion: Actively attracting foreign direct investment (FDI) and encouraging domestic investment through policy stability and incentives.
Skill Development and Education: Investing in quality education and vocational training to create a skilled workforce that meets the demands of a growing economy.
Promoting Innovation and R&D: Fostering a culture of innovation, investing in research and development, and creating an ecosystem that supports startups and entrepreneurship.
Fiscal Management: Maintaining fiscal discipline, optimizing government spending, and increasing revenue generation.
4. Inclusive and Sustainable Growth:
Job Creation: Ensuring that economic growth translates into meaningful job opportunities for India’s large and young population.
Reducing Inequality: Implementing policies that promote inclusive growth and reduce income disparities.
Environmental Sustainability: Promoting sustainable development practices and addressing climate change concerns.
Potential Challenges:
Global Economic Slowdown: External factors like a global recession could impact India’s growth prospects.
Geopolitical Instability: Regional or global conflicts can disrupt trade and investment flows.
Inflation Management: Controlling inflation while maintaining high growth is a key challenge.
Implementation Challenges: Effective implementation of policies and projects is crucial for achieving the target.
Achieving the $7 trillion target by 2030 requires a concerted effort across all sectors, driven by strong policy support and efficient execution. By focusing on sustained high growth, boosting manufacturing and services, transforming agriculture, investing in infrastructure, and implementing strategic reforms, India can significantly enhance its economic standing on the global stage. However, it will require continuous monitoring, adaptability, and a strong commitment from all stakeholders.
For the Indian economy to achieve a $7 trillion target by 2030, it must sustain a high growth rate and address several structural, policy, and external factors. Based on current economic trends, expert analyses, and government projections.
1. Sustaining High GDP Growth Rates
To reach $7 trillion by 2030 from its current size of approximately $3.7 trillion (estimated for FY24), India needs a compound annual growth rate (CAGR) of around 10-11% in nominal terms (adjusted for inflation and exchange rates). In real terms, a consistent growth rate of 7-8% annually, coupled with moderate inflation, could make this feasible. Key drivers include:
Domestic Demand: Strong private consumption and investment have fueled growth in recent years. Continued focus on boosting rural and urban consumption through income growth and job creation is critical.
Investment: Increasing the fixed investment rate from the current ~30% of GDP to 35-36% will require significant public and private capital inflows, particularly in infrastructure and manufacturing.
2. Structural Reforms
Structural reforms have been a cornerstone of India’s economic progress over the past decade. To hit the $7 trillion mark, further reforms are necessary:
Financial Sector Strength: A robust banking system, supported by recapitalization and digital innovation (e.g., UPI), can channel savings into productive investments.
Labor and Land Reforms: Streamlining labor laws and easing land acquisition processes will boost manufacturing and industrial growth, key to scaling the economy.
Skilling and Education: Enhancing workforce skills and improving learning outcomes will increase productivity, especially as India leverages its demographic dividend.
MSME Support: Reducing compliance burdens for micro, small, and medium enterprises will unlock their potential as growth engines.
3. Boosting Manufacturing and Exports
India aims to increase manufacturing’s share of GDP from ~15% to 25%. This requires:
Make in India 2.0: Building on past successes, policies like the Production Linked Incentive (PLI) scheme can attract investment in sectors like electronics, pharmaceuticals, and renewable energy.
Export Growth: Achieving the $2 trillion export target (goods and services) by 2030 will demand global market expansion, trade agreements, and competitiveness in high-value sectors like IT, green energy, and advanced manufacturing.
Infrastructure Development: Continued investment in physical (roads, ports, railways) and digital infrastructure will reduce logistics costs and improve export efficiency.
4. Leveraging Technology and Innovation
Technology will play a pivotal role:
Digital Economy: Expanding digital infrastructure (e.g., ONDC, Ayushman Bharat Digital Mission) can enhance efficiency across sectors.
Artificial Intelligence: AI adoption in services, manufacturing, and agriculture could drive productivity gains, though it also poses challenges to employment that need careful management.
Renewable Energy: Meeting 2030 renewable energy targets will reduce import dependence, save costs, and position India as a green economy leader.
5. Inclusive and Sustainable Growth
Economic expansion must be equitable and environmentally sustainable:
Rural Development: Improving agricultural productivity and rural infrastructure (e.g., Jal Jeevan Mission) will lift rural incomes and consumption.
Gender Balance: Increasing female labor force participation through targeted policies can add significant economic value.
Energy Transition: Balancing energy security with a shift to renewables will ensure long-term sustainability without compromising growth.
6. Global and Domestic Stability
External and internal factors will influence the trajectory:
Geopolitical Resilience: Mitigating risks from conflicts (e.g., Red Sea disruptions) and global supply chain shifts through diversification and self-reliance (Atmanirbhar Bharat) is essential.
Stable Rupee: Managing exchange rate volatility and keeping imports affordable will support growth projections.
Inflation Control: Maintaining inflation within the 4-6% target range ensures purchasing power and economic stability.
Challenges to Overcome
Global Slowdown: A projected 3.1% global growth rate (2023-2028) and rising protectionism could dampen export prospects.
Investment Pace: Doubling market capitalization to $10 trillion and attracting foreign direct investment (FDI) requires consistent policy clarity.
Job Creation: Formal sector job growth must accelerate to absorb the workforce and sustain consumption.
Achieving a $7 trillion economy by 2030 hinges on accelerating reforms, boosting investment and exports, leveraging technology, and ensuring inclusive growth—all while navigating global uncertainties with strategic agility.
Achieving a $7 trillion economy by 2030 is an ambitious goal for India, requiring significant economic reforms, investments, and strategic planning.
Key Drivers for Achieving the $7 Trillion Target
1. Infrastructure Development
Investment Requirement: An estimated $2.2 trillion is needed in infrastructure development to support economic growth.
Government Initiatives: Increased budgetary allocations and policy measures have improved India’s logistics performance.
2. Digital Transformation
Growth Potential: India’s digital economy is expected to surpass $1 trillion by 2030, driven by fintech, e-commerce, and digital services.
Technological Advancements: Adoption of technologies like AI, blockchain, and 5G will enhance productivity and innovation.
3. Manufacturing Sector
Growth Strategy: The manufacturing sector is crucial for economic growth, with targets to increase its GDP contribution to 25% by 2025.
Export Goals: India aims to export goods worth $1 trillion by 2030, positioning itself as a global manufacturing hub.
4. Energy Transition
Renewable Energy Targets: India aims to generate 50% of its energy from renewables by 2030, supporting a sustainable future.
Clean Energy Achievements: India has already met its 2030 COP21 renewable energy targets ahead of schedule.
5. Financial and Banking Sector Reforms
Integration with Global Markets: Liberalization and integration of financial markets are necessary for sustained growth.
Inclusive Growth: Focus on inclusive growth to ensure equitable distribution of economic benefits.
6. Demographic Dividend
Young Population: India’s demographic advantage, with a large young population, can drive growth through increased consumption and workforce participation.
Middle Class Growth: A growing middle class will amplify the impact of structural reforms.
7. Policy Framework and Governance
Predictable Policies: Consistent and supportive government policies are essential for fostering business confidence and investment.
Strong Leadership: Effective leadership is crucial for implementing reforms and achieving growth targets.
8. Innovation and Technology
AI and Emerging Technologies: Leveraging AI and other emerging technologies can accelerate development across sectors.
Agricultural Modernization: Adopting precision farming and IoT can enhance agricultural productivity.
By focusing on these areas and maintaining a consistent growth trajectory, India can potentially achieve its goal of becoming a $7 trillion economy by 2030.
India’s goal of reaching a $7 trillion economy by 2030 is ambitious but achievable with the right policies and sustained growth momentum. Here’s how India can get there:
1. Maintain High GDP Growth Rate (7-8% Annually)
India needs to sustain a real GDP growth rate of 7-8% while controlling inflation.
Structural reforms in labor laws, taxation, and ease of doing business can enhance productivity.
Increased manufacturing and exports can drive economic expansion.
2. Boost Manufacturing & “Make in India”
Expand the Production Linked Incentive (PLI) schemes to attract global manufacturing.
Strengthen semiconductor, electronics, and defense manufacturing industries.
Leverage cheap labor and infrastructure to replace China in global supply chains.
3. Digital Economy & Tech Innovation
Expand the Digital India program to integrate AI, blockchain, and 5G.
Promote fintech and digital payments, increasing financial inclusion.
Strengthen the startup ecosystem to become a global tech hub.
4. Infrastructure Investment
Build smart cities, high-speed rail, and highways under the Gati Shakti National Master Plan.
Attract more foreign direct investment (FDI) in infrastructure and logistics.
Expand renewable energy projects (solar, wind, and green hydrogen) for sustainable growth.
5. Agriculture & Rural Development
Push for agri-tech, better irrigation, and farm mechanization.
Implement policies to make agriculture more profitable (crop diversification, storage facilities).
Expand rural employment programs to reduce urban migration.
6. Strengthen Financial Sector
Reduce Non-Performing Assets (NPAs) and support banking sector reforms.
Expand credit access for MSMEs and entrepreneurs.
Enhance stock market participation to deepen capital markets.
7. Trade & Global Integration
Sign free trade agreements (FTAs) with major economies to boost exports.
Improve port and logistics efficiency to reduce trade costs.
Position India as a global manufacturing & service hub.
8. Green Economy & Sustainability
Invest in electric vehicles (EVs) and cleaner energy sources.
Promote sustainable urbanization and climate-resilient infrastructure.
Tap into the carbon credits market to attract global investment.
9. Skill Development & Job Creation
Strengthen Skill India Mission to prepare youth for high-growth sectors.
Focus on high-employment sectors like IT, healthcare, tourism, and green tech.
Encourage women’s participation in the workforce to unlock demographic potential.
10. Policy Stability & Governance
Ensure consistent tax policies and stable regulations to attract investors.
Enhance Ease of Doing Business rankings to drive FDI.
Strengthen anti-corruption measures and good governance.
If India implements these strategies effectively, it can sustain a nominal GDP growth of 10-12%, supported by moderate inflation and a stable rupee. Achieving the $7 trillion target by 2030 requires a mix of policy reforms, infrastructure investment, technology adoption, and global trade expansion.
Achieving a $7 trillion economy by 2030 for India requires a multi-pronged strategy focusing on sustained high growth across various sectors. Here’s how it can be achieved:
1. Sustained High Economic Growth:
Maintaining and Exceeding Current Growth Rates: India’s GDP is projected to reach around $4.3 trillion by the end of 2025. To reach $7 trillion by 2030, India needs to maintain a nominal GDP growth rate of approximately 10-12% annually. This would require a strong and consistent real GDP growth rate coupled with moderate inflation.
Policy Stability and Predictability: A stable and predictable policy environment is crucial to attract long-term investments and foster business confidence.
2. Focus on Manufacturing (Make in India 2.0):
Enhancing Competitiveness: Improving ease of doing business, reducing regulatory burden, and providing incentives to boost domestic manufacturing.
Developing Infrastructure: Investing heavily in transport infrastructure (roads, railways, ports, airports), logistics, and power supply to support manufacturing activities.
Skilling and Workforce Development: Creating a skilled workforce that meets the demands of a growing manufacturing sector through vocational training and education reforms.
Attracting Foreign Direct Investment (FDI): Actively promoting India as a manufacturing hub and attracting FDI in key sectors through favorable policies and infrastructure.
3. Boosting Exports:
Diversifying Export Basket: Moving beyond traditional exports and focusing on high-value goods and services.
Entering New Markets: Exploring and penetrating new export markets through trade agreements and diplomatic efforts.
Improving Export Competitiveness: Enhancing product quality, meeting international standards, and providing export incentives.
4. Infrastructure Development:
Continued Investment: Sustained and increased investment in infrastructure projects, including digital infrastructure, energy infrastructure, and social infrastructure.
Public-Private Partnerships (PPPs): Encouraging and streamlining PPPs to leverage private sector expertise and capital for infrastructure development.
Efficient Project Execution: Ensuring timely and efficient execution of infrastructure projects to avoid delays and cost overruns.
5. Investment in Human Capital:
Improving Education Quality: Enhancing the quality of education at all levels to create a knowledgeable and skilled workforce.
Strengthening Healthcare System: Investing in healthcare infrastructure and services to improve the health and productivity of the population.
Promoting Research and Development (R&D): Fostering a culture of innovation and investing in R&D to drive technological advancements.
6. Digital Transformation:
Promoting Digital Economy: Further digitalization across sectors, including finance, education, healthcare, and agriculture.
Strengthening Digital Infrastructure: Expanding broadband connectivity and developing a robust digital infrastructure.
Enhancing Cybersecurity: Ensuring a secure digital environment to foster trust and encourage digital transactions.
7. Agricultural Reforms:
Improving Productivity: Implementing reforms to enhance agricultural productivity through better irrigation, technology adoption, and access to credit.
Strengthening Supply Chains: Investing in post-harvest infrastructure and improving supply chain efficiency to reduce wastage and increase farmers’ income.
Promoting Food Processing: Encouraging the growth of the food processing industry to add value to agricultural produce and create employment.
8. Fiscal Consolidation and Reforms:
Efficient Tax Collection: Streamlining the tax system and improving tax compliance to increase government revenue.
Prudent Fiscal Management: Maintaining fiscal discipline and prioritizing productive expenditure.
Further Reforms: Continuing with economic reforms to improve efficiency, transparency, and governance.
Potential Challenges:
Global Economic Slowdown: External factors like a global recession could impact India’s growth and export prospects.
Geopolitical Instability: Geopolitical tensions and conflicts could disrupt supply chains and impact investment flows.
Inflation: High inflation could erode purchasing power and impact economic growth.
Social and Regional Disparities: Addressing social and regional inequalities is crucial for inclusive and sustainable growth.
Achieving the $7 trillion target by 2030 is ambitious but achievable with focused and concerted efforts across all sectors. By prioritizing high growth, manufacturing, exports, infrastructure, human capital development, digital transformation, and agricultural reforms, while maintaining fiscal prudence and navigating potential challenges, the Indian economy can reach this milestone and solidify its position as a major global economic power.
