Gone are the days when the US, UK or any foreign country was the dream land. Today, India is the haven for investors as it is becoming the fastest growing economy, a superpower and a symbol for true regime. To quote a few achievements:
. India has seen a 100 times rise in GDP standing at $3.5 trillion.
. The growth rate is 8.7% for the financial year 2021-22
. India is now the 5th largest economy and it has jumped 6 positions since 2012
. Highest ever exports of $660 billion in 2021-22
. Second largest working population of 522 million with median age of 29 years
. After the launch of 'Make In India' in 2014, the annual FDI has doubled in 8 years from $35 billion to $84 billion in a decade
While this is the past glory, here is a vision for the future. As part of Amrit Kaal: Vision 2047, India has created a roadmap where its expected achievements would be:
. To become 2nd largest economy at $32 trillion
. To grow the FDI 12 times to $1 trillion
. To grow exports 12 times to $8 trillion
. Business reforms wherein specialized teams in 29 ministries to handhold investors and offer ready on-the-shelf investable projects
The above is just a tip of the iceberg and there are many more initiatives and reforms being prepared. Even if India is able to implement and execute at least half of its plans, the country is going to become the blue eyed boy for the entire world.
