The journey of India's economy has been an awe-inspiring transformation, evolving from an agrarian-based economy to claiming the title of the world's fastest-growing economy. With a population exceeding 1.4 billion and a GDP surpassing US$3 trillion, India proudly stands as the fifth-largest economy globally. This remarkable progression sets the stage for an even more promising future, with India's aspiration to become a US$26 trillion economy by its 100th year of Independence in 2047.
The unwavering belief in India's potential is grounded in a multitude of factors – vibrant consumption patterns, rapid digitization, a burgeoning pool of youthful talent, a thriving services sector, global competitiveness, and a dedicated commitment to sustainability. The government's consistent focus on infrastructure and manufacturing further propels the nation's growth trajectory.
Amidst acknowledging accomplishments and reflecting on the past, India's G20 presidency provides a unique platform to unveil its visionary plans for the upcoming decade and beyond. This opportunity represents a chance to outline a pathway toward a shared global future characterized by collective prosperity.
Building upon the resounding success of its inaugural edition, the 2nd BT India@100 Summit, a flagship initiative of The India Today Group, is set to emerge as a pivotal juncture. This event will convene a diverse tapestry of stakeholders, revered thought leaders, policymakers, and influential business magnates. The summit, in essence, is designed to deliberate on the escalating significance of India's economy and its burgeoning influence on the global stage. It serves as a conduit for collaboration, an exchange of ideas, and a breeding ground for dialogues that will collectively shape a future where India's economic dynamism takes center stage in the global arena.
Bu hikaye Business Today India dergisinin September 03, 2023 sayısından alınmıştır.
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Bu hikaye Business Today India dergisinin September 03, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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A Man of Multitudes
IN A NEW BOOK, CAPTAINS OF INDIA INC. AND OTHERS PAY TRIBUTE TO RAHUL BAJAJ, THE TITAN OF INDIAN INDUSTRY
HOUSE OF THE RISING SUN
WITH THE GOVERNMENT OFFERING SUBSIDIES UNDER THE PM SURYA GHAR MUFT BIJLI YOJANA, MANY HOUSEHOLDS HAVE TAKEN A SHINE TO SOLAR ROOFTOP PANELS. BUT HOW MUCH DO THEY COST?
FROM GREY TO GREEN
WITH THE CLIMATE CRISIS BECOMING MORE ACUTE, GREEN HYDROGEN COULD BE AN IMPORTANT SOLUTION
ECO CHAMBER
DATA CENTRES ARE A VERY VITAL PART OF THE DIGITAL TRANSFORMATION THAT IS UNDERWAY, BUT THERE'S A PROBLEM: THEY CONSUME TOO MUCH ENERGY. AS DEMAND FOR SUCH CENTRES INCREASES IN INDIA, IT HAS NO OPTION BUT TO EMBRACE GREEN SOLUTIONS
THE GREEN BARRIER
THE EU'S CARBON BORDER ADJUSTMENT MECHANISM COULD MAKE INDIAN EXPORTS UNCOMPETITIVE, UNLESS EFFORTS TO REDUCE CARBON EMISSIONS ARE ACCELERATED
HUMANISING SUSTAINABILITY
THERE IS A NEED TO MOVE BEYOND INDIVIDUAL WELL-BEING AND FOSTER A SENSE OF INTERCONNECTEDNESS AND SOLIDARITY
DE-RISKING THE BOOKS
INDIAN BANKS ARE BEGINNING TO TAKE BABY STEPS TOWARDS ADDRESSING CLIMATE-RELATED FINANCIAL RISKS IN THEIR BOOKS. BUT THEY MUST PUT THEIR FOOT ON THE PEDAL AND ENHANCE PREPAREDNESS
PAYING FOR CHANGE
WITH EXTREME WEATHER INCREASINGLY PUTTING THE COUNTRY AND ITS ECONOMY AT RISK, INDIA SHOULD EXPLORE CLIMATE FINANCE PATHWAYS TO FUND ITS NET-ZERO JOURNEY TOWARDS A GREENER FUTURE
BEYOND THE BLIP
ESG HAS BEEN UNDER SCRUTINY GLOBALLY AMID ALLEGATIONS OF GREENWASHING AND RECORD REDEMPTIONS FROM ESG FUNDS. BUT THAT MAY JUST BE ONE SIDE OF THE STORY, SINCE SUSTAINABLE PRACTICES HAVE BECOME CORE COMPONENTS OF COMPANIES' STRATEGIES
PROFITING FROM ESG
INITIALLY DRIVEN BY REGULATORY COMPLIANCE REQUIREMENTS, BUSINESSES ARE INCREASINGLY VIEWING ESG AS A TOOL TO ENHANCE PROFITABILITY. BUT THERE IS STILL A LONG WAY TO GO
