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India Emerging As World's Economic Powerhouse
The Daily Guardian
|June 17, 2025
India is rapidly emerging as a global economic powerhouse, driven by sustained reforms robust growth, and visionary leadership. With a projected GDP of $7.3 trillion by 2030, record FDI, digital innovation, and inclusive development, the nation is reshaping its economic destiny and asserting a transformative presence on the world stage.
India, the world's fourth-largest economy, has emerged as the fastest-growing major economy and is on track to become the world's third-largest economy with a projected GDP of $7.3 trillion by 2030.India is projected to be the world's fastest-growing major economy (6.3% to 6.8% in 2025-26).
This transformation is the result of a decade of decisive governance, visionary reforms, and global engagement under Prime Minister Narendra Modi. Driven by robust domestic demand, a dynamic demographic profile, and sustained economic reforms, India is asserting its rising influence in global trade, investment, and innovation.
At the Kautilya Economic Conclave, renowned economist Jagdish Bhagwati remarked: "In the old days, the World Bank used to tell India what to do, but now, India tells the World Bank what to do." This statement powerfully reflects India's shift in the last eleven years, from a dependent economy to a self-reliant, globally competitive powerhouse.
At the core of this transformation is the vision of Aatmanirbhar Bharat, a movement that promotes innovation, entrepreneurship, and technological sovereignty. Under Modi's leadership, strategic initiatives like the Production Linked Incentive (PLI) schemes, revitalization of MSMEs, and the expansion of digital infrastructure have laid the foundation for a high-growth, high-opportunity economy.
Equally central to this vision is inclusive and equitable growth. The government's policies have focused on job creation, support for small businesses, increased public investment, and financial empowerment of the middle class and entrepreneurs, ensuring that economic progress benefits every citizen.
India's economic growth under Prime Minister Narendra Modi is not just about building momentum; it is about reshaping the nation's economic destiny. Today, India is a nation that is digital, green, aspirational, and future-ready, firmly advancing towards its goal of becoming a global leader.
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