INDIA AIMS TO BECOME A $30 TRILLION ECONOMY BY 2047
The Business Guardian|October 31, 2023
The vision document will outline the institutional and structural changes/reforms that will be needed for the country to become a developed nation by 2047
INDIA AIMS TO BECOME A $30 TRILLION ECONOMY BY 2047

India’s NITI Aayog CEO, BVR Subrahmanyam, announced on Sunday the, announced on Sunday the development of a comprehensive vision document, aiming to transform the nation into a developed economy with a GDP of approximately $30 trillion by 2047. The document will outline a roadmap for the institutional and structural changes required to achieve this ambitious goal.

The draft of this vision, titled “Vision India @2047,” is expected to be ready by December 2023, with a planned presentation to the public in the following three months. Subrahmanyam emphasized the significance of this vision plan as a strategy to steer India clear of the middle-income trap.

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