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India’s Time to Shine

Business Today

Photographik • STUDENTS TAKE PART IN A PROTEST MARCH IN DHAKA, BANGLADESH

UNLEASHING THE SUPERPOWER • WITH INDIA’S GDP ESTIMATED TO HIT $30-35 TRILLION BY 2047, THE COUNTRY IS WELL ON ITS WAY TO BECOMING A GLOBAL SUPERPOWER, THANKS TO A YOUNG POPULATION, AN EXPANDING MIDDLE CLASS, A THRIVING DIGITAL ECONOMY, AND ITS FOCUS ON SUSTAINABILITY. THE COUNTRY, HOWEVER, MUST ADDRESS SEVERAL CHALLENGES AND SUCCESSFULLY NAVIGATE THE EMERGING GEOPOLITICAL TENSIONS TO ACHIEVE THE VISION FOR 2047. A LOOK AT THE NUMBERS:

The Mood Improves

BIDING TIME • The BT-C Fore Business Confidence Survey reveals that businesses remained optimistic about economic prospects in Q1FY25. But they appear to be waiting for external cues as capacity expansion plans and hiring sentiment remain muted

Vox Populi

VITAL SIGNS • Rural consumer demand—essential for overall economic growth—has finally outpaced its urban counterpart in the March quarter. Will it be sustainable enough for the RBI to take a fresh look at its interest rate policy?

DEMAND SAGA

Fading Shine? • The government’s decision to cut import duty on gold led to a dip in prices. But experts back the yellow metal and say the fall is temporary

PRICE PLAY

“The larger opportunity is to build for the Global South” • Ola Founder Bhavish Aggarwal on his future plans for his three companies, life after listing Ola Electric, woke culture, and comparisons with Elon Musk

ITC: STAKEHOLDER VALUE THROUGH PURPOSEFUL PERFORMANCE

Mission 2047 • India aims to become a Viksit Bharat by 2047, in the centenary year of its Independence. Here is a peek into the path to that milestone

Strength in Numbers • As the world’s most populous country, India needs to harness its demographic dividend into a productive workforce with adequate income and social security. This will be crucial in its quest to become Viksit Bharat by 2047. Will we rise up to the challenge?

THE POPULATION STORY

Driving Inclusive Growth • As India marches towards the centenary of Independence, we must ensure no one is left behind

Consumer, Conquerer • The ₹65-lakh crore consumer market in India, now the fourth-largest in the world, is poised for transformative shifts over the next two decades, aiming to rank among the Top 2 globally

LEAPING AHEAD

India’s Consumer Boom • As rapid economic growth shapes India into a consumer-driven society, it is also reshaping markets and businesses

Reasons to be Bullish • The building blocks are in place for 7-8% growth for a prolonged period; India’s focus should be on sustaining this momentum to become a developed nation

Steeling Up for a Global Atmanirbhar India by 2047 • As India has an ambitious target to achieve by its centenary year, Shri Amitava Mukherjee, CMD (Additional Charge), NMDC is steering the Navratna CPSE towards its vision of becoming a 100 million tonne mining company to ensure the nation's mineral security and self-reliance.

A Blueprint for India’s Growth • India’s growth story continues to captivate, driven by resilient economic trends and evolving opportunities across key sectors

NET-ZERO ROAD MAP

Towards Zero • The year 2047 is a key milestone in India’s target to reach net-zero emissions by 2070. The country needs to mobilise the financial resources to improve renewable energy generation and foray into nuclear power and green hydrogen

A Supersonic Journey: From 'Make-In-India' to 'Make-for-the-World'-BrahMos

Viksit Bharat: India’s Big Leap • India’s 2047 vision...