Its the “Power of 30” that is shaping India’s $30 Trillion economy says Piyush Goyal, India’s Union Minister for Commerce and Industry. He gave this prophecy while unveiling an ambitious vision during his address at the Bahrain Chapter of The Institute of Chartered Accountants of India.
Goyal emphasized India’s aspirations to propel its economy to $30 trillion within three decades, propelled by the dynamism of its youthful population.
“Power of 30” Driving Forces: India’s Momentum and Visionary Infrastructure
Goyal underlined India’s emergence as a global investment hub, spotlighting a soaring market capitalization that recently breached $4 trillion. He highlighted India’s remarkable infrastructural growth, citing a doubling of port capacity in a decade, a surge in functional commercial airports from 74 to 150 in nine years, with projections to reach 225 in the next five years, and the inauguration of 140 new inland waterways complementing the extensive rail and highway networks.
India’s New Facets: Showcasing Progress and Prosperity
Encouraging global engagement, Goyal invited stakeholders to witness India’s transformative landscape, advocating visits to architectural marvels like the new parliament house and Bharat Mandapam. He painted a portrait of a thriving economy, a system fostering citizen welfare, and a quality of life rich with ease and opportunity.
India’s Position in the Global Spectrum: Embracing Innovation and Responsibility
Piyush Goyal positioned India at the forefront of the 5G thrust, encompassing growth, good governance, grit, genuine trust, and green technologies, showcasing a commitment to sustainability and technological advancement.
Acknowledging Chartered Accountants: Pillars of Progress and Integrity
Recognizing the pivotal role of Chartered Accountants, Goyal praised their role as India’s ambassadors, fostering growth in Bahrain and globally. He applauded their dedication, integrity, and hard work, crediting them for contributing ideas and discussions on leadership, sustainability, geopolitics, human potential, and healthy living, vital topics in today’s world.
Piyush Goyal’s address at the Bahrain Chapter of The Institute of Chartered Accountants of India resounded with India’s resolute march towards economic prowess. The ambitious goal of achieving a $30 trillion economy within 30 years, propelled by a youthful workforce and visionary infrastructure, marks India’s spirited determination to emerge as a global economic powerhouse.
