Viksit Bharat needs aspirational thinking and coordinated action
India’s GDP growth of 8.2% in 2023-24, amid global headwinds and market volatility, is more than just an economic indicator. As we chart our course towards becoming a developed nation by 2047, Indian industry’s vision of Viksit Bharat demands aspirational thinking and decisive, coordinated actions across government, industry and all other stakeholders. Our journey towards a $30 trillion economy rests on four transformations: First, making India the next big factory for the world with a robust micro, small and medium enterprise ecosystem. On the industrial decarbonization front, industry advocates enabling Article 6.2/6.4 mechanisms under the Paris Agreement for carbon-capture missions to get underway in line with India’s green hydrogen initiative. As one of India top business chambers, FICCI stands ready to catalyse this transformation, bridging the government vision’s with industry action.
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