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Education, manufacturing key to India's growth: Niti CEO
Mint New Delhi
|May 31, 2025
India needs to transform its education, energy capacity and manufacturing and achieve a larger scale of urbanisation to become a $30 trillion economy by 2047, Niti Aayog chief executive officer B.V.R. Subrahmanyam said on Friday.
Speaking at the annual summit of the Confederation of Indian Industry, Subrahmanyam said that every state and Union territory will have its tailored development road map for 2047 by the end of the year.
To become a developed nation, given the population India will have at that time, it needs to be a $30 trillion economy, and it is hoped that the manufacturing sector should be about 25% of that, he said.
"That means, $7.5 trillion is the goal for manufacturing," Subrahmanyam added.
Dit verhaal komt uit de May 31, 2025-editie van Mint New Delhi.
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