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Business
Former CEA Subramanian Projects $55 Trillion Indian Economy by 2047
✍️ BW Businessworld
🗓 30 Aug 2026, 07:37 AM
👁 39
Former Chief Economic Adviser Subramanian has forecasted that India could reach a $55 trillion economy by 2047, highlighting significant growth potential.
Former Chief Economic Adviser Subramanian presented the $55 trillion forecast at a Businessworld event, outlining India’s potential to become one of the world’s largest economies by 2047.
The projection is based on current growth rates, the demographic dividend, and ongoing policy reforms aimed at boosting productivity and investment.
Analysts caution that achieving this target would require sustained reforms, robust infrastructure development, and inclusive growth strategies.
Subramanian stressed the importance of technology adoption and private sector participation to sustain the projected trajectory.
The projection is based on current growth rates, the demographic dividend, and ongoing policy reforms aimed at boosting productivity and investment.
Analysts caution that achieving this target would require sustained reforms, robust infrastructure development, and inclusive growth strategies.
Subramanian stressed the importance of technology adoption and private sector participation to sustain the projected trajectory.