NEW DELHI: India stands at the threshold of becoming the world’s most dynamic consumer market and a premier magnet for global investments, according to Commerce and Industry Minister Piyush Goyal.
His vision, shared at the second ‘Lokmat Global Economic Convention,’ signaled a bold new chapter for the nation’s economic ambitions.
Fast-tracking India’s growth
Minister Goyal spelled out the government’s plan to launch a sweeping “100 Days Agenda of Transformation.” The initiative is designed to turbocharge India’s journey to developed-nation status by 2047.
Central to this mission are Prime Minister Narendra Modi’s ‘Panch Prans’—a set of Five Pledges announced on August 15. Goyal encouraged citizens to embrace these values, viewing development as a collective mission and a shared national duty.
He captured the spirit of unity with a powerful image: 140 crore Indians acting as one team and one family, united by a respect for heritage and a commitment to integrity, wiping away colonial hangovers and celebrating India’s rich cultural tapestry.
Goyal asserted that with this unified drive, “no power on earth can stop India from becoming a developed nation.”
Building global bridges
India’s economic reach continues to expand, with the government concluding fair and balanced free trade agreements with key partners—including the UAE, Mauritius, the EFTA group (Switzerland, Norway, Liechtenstein, Iceland), and the UK.
These deals, Goyal highlighted, are empowering small businesses and farmers, strengthening the animal husbandry sector, and opening new global gateways for Indian goods and services—while also standing firm on protecting domestic dairy interests.
Goyal showcased Maharashtra’s pivotal role, describing it as “India’s largest economy and the primary engine for the national growth story.” He emphasised the government’s ongoing push to make India more business-friendly: easing regulations, slashing compliance hurdles, and paving the way for fearless investment and entrepreneurship.
