Alok Agarwal

Unstoppable or Untenable? Unfolding India's Growth Outlook | Global Conference 2025

Maneet Ahuja, Anjula Acharia, Alok Agarwal, John Chambers, Vinod Giri, Atul Keshap

Driven by Prime Minister Narendra Modi's vision of inclusive growth and the "Three Cs" framework, India targets becoming the world's third-largest economy by 2025 and the number one economy by 2047 through strategic expansions in manufacturing, semiconductors, and digital infrastructure. This transformative trajectory is bolstered by a $450 billion startup ecosystem, a surge in electronic exports under "Make in India" schemes, and a deepening U.S.-India partnership that prioritizes critical technology collaboration and a potential free trade agreement. While facing execution challenges across its 28 states and environmental risks, the nation's leadership anticipates scaling per capita income to $10,000 to sustain its ascent as a dominant global hub for AI, luxury branding, and innovation.