India’s Economic Transformation toward 2047: Pathways to Growth, Inclusive Development and Sustainability
Publication Date : 10-03-2026
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India has entered a transformative phase of economic development with the national vision of becoming a developed country by 2047, marking the centenary of independence. The concept of “Viksit Bharat @2047” emphasizes sustained economic growth, inclusive development, and environmental sustainability as the pillars of long-term progress. This study analyzes the structural transformation required for India to achieve these goals, focusing on growth drivers, inclusion strategies, and sustainability imperatives. The research relies on secondary data from government reports, international organizations, and policy studies. The analysis reveals that India must maintain an average growth rate of around 7–8 percent over the next two decades while expanding employment opportunities, improving human capital, strengthening financial inclusion, and transitioning toward a green and digital economy. The findings highlight that economic expansion alone will not be sufficient; equitable distribution of opportunities and sustainable resource management are equally essential. The study concludes that a balanced strategy combining economic reforms, social investments, and environmental governance will determine India’s success in achieving the vision of a developed and inclusive economy by 2047.
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