India to be $40 trillion economy by 2047: Ambani

India to be $40 trillion economy by 2047: Ambani

Industrialist Mukesh Ambani said on Tuesday that India's economy can grow 13 times to reach $ 40 trillion by 2047. India is currently the fifth largest economy in the world and is currently only behind the US, China, Japan, and Germany. Ambani's estimate of India's economy is bigger than Gautam Adani, the richest man in Asia, who said last week that India would become a $30 trillion economy by 2050.

"India will grow from a $3 trillion economy to a $40 trillion economy by 2047," Ambani said at the 10th convocation of the Pandit Deendayal Energy University here. He asserted that during the "Amrit Kaal" The country will witness an unprecedented change in economic growth and opportunities. "Three important (game-changing) revolutions like clean energy, bio-energy, and the digital revolution will lead India's economic growth in the coming decades," he said.

"The clean energy and bio-energy revolution will produce energy sustainably, while the digital revolution will enable us to consume energy efficiently," said Ambani, chairman of Reliance Industries, which operates from oil to telecommunications. Said, "These three revolutions together will help save India and the world from the climate crisis." During this, he also gave three mantras to the students for success 'think big, think green, and think digital'. Ambani is actually the chairman of the board of governors of Pandit Deendayal University and former bureaucrat Hasmukh Adhia is the chairman of the standing committee of the institution.

(with language input)