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India's Historical Leap Towards Becoming a Developed Nation by 2047: Insights from ITC Chief Sanjiv Puri

India's Moment in History

With transformative reforms over the past decade propelling India onto the global stage, ITC Chairman Sanjiv Puri expresses confidence in India's journey towards becoming a developed nation by 2047. This optimism is backed by strong macro fundamentals and purposeful policy interventions.

It's India's moment in history, well poised to become developed nation by 2047: ITC chief Puri

Transformative Reforms and Global Recognition

From being the 10th largest economy in 2014 to the fifth largest today, India's growth has been driven by landmark reforms such as GST and an unprecedented infrastructure push. The decade under Prime Minister Narendra Modi has been hailed for its focus on inflation control, financial inclusion, and digitization.

Opportunities and Challenges Ahead

In the face of global supply chain diversification, energy transition, and digital transformation, India stands poised to play a pivotal role. With its talent and skill, India is seen as a key player in addressing global concerns like food and nutrition security.

India's Economic Future

Despite recent economic slowdowns, India's focus on strategic sunrise sectors like energy transition positions it as an emerging economic superpower. The country's natural resources and policy reforms are key to its journey towards becoming a developed nation by 2047.