Friday , May 16 2025

India moves towards the $ 5 trillion dollar economy; Dream of global leadership

New Delhi: Prime Minister Narendra Modi’s ambition is to change India not only at the economic level but also at the social level and it is to be taken to the list of developed countries by 2047. However, the current time is a challenging time. The global economy is at a significant turn. These challenges are becoming more complex and complicated due to disruption in global supply chains, conservationist policies of many countries, increasing geopolitical stress and changing global trade patterns. The nature of global trade is changing because we are seeing technological progress at unprecedented pace in the world and nations. The business is being defined again. One thing is the same in all this: climate and sustainable development.

While many countries are going through internal changes, global mobility is also increasing. India is proving its dominance on the global stage. On the one hand, our strength is growing economy, youth population, growing infrastructure and technological progress; On the other hand, India’s geopolitical influence, strategic partnerships and soft power outline India’s importance in global political context on the global platform. On the other hand, India has become the third largest start-up ecosystem in the world. Production -related incentives (PLI) schemes in areas such as electronics, pharma and solar are promoting manufacturing revival. India’s digital economy is also changing rapidly. There are over 800 million Internet users in the country. AI, Machine Learning, Blockchain and Industry 4.0 are no longer the prevailing words, but with the beginning of their actual use, India stands on the threshold of digital revolution.

India is now coming in the list of developed countries from the list of fast developing countries. Prime Minister Narendra Modi’s dream is to take the country’s economy to 5 trillion dollars. This dream is not only about per capita income data, but about expelling millions of people out of poverty, which will be achieved through world -class infrastructure, energy security and digital empowerment.

India aims to develop 500 GW non-traditional energy capacity by 2030. As a co-founder of the National Green Hydrogen Solar Alliance, Global Biofuels Movement, India has adopted clean technology, green finance, EV and carbon trading.
Indian medicines are a lifeline for the whole world. With increasing confidence in ‘Made in India’, our products are holding their grip in the global market. On the other hand, India’s IT exports have exceeded $ 200 billion. In such a situation, the skill -based development of the human resource of the country becomes important. Responsibilities on management skills are important to promote development, productivity and innovation. While doing all this, it will have to emphasize on undoubtedly, moral, inclusive and sustainable development. According to the spirit of ‘Vasudhaiva Kutumbakam’, ‘The world is a family.’ Leaders who think beyond profit and post, only see the path of global dominance. This dream has been seen by Prime Minister of India Narendra Modi. And in this direction, he has taken solid and sustainable steps to lead the country to global leadership.