India's Path to a Developed Economy by 2047: High Commissioner Speaks at Singapore Forum
High Commissioner Dr. Shilpak Ambule outlined India's ambitious strategy to achieve 8-10% GDP growth using advanced technologies at the World Opportunities Forum Singapore 2024. He highlighted policies benefiting rural areas, women, and agriculture, and cited significant infrastructure projects and aviation sector growth as key contributors to this vision.
- Country:
- Singapore
High Commissioner Dr. Shilpak Ambule provided deep insights on India's infrastructure development and economic strategies to an international audience at the World Opportunities Forum Singapore 2024. He emphasized that India's goal is to achieve an 8-10% GDP growth to become a developed country by 2047, leveraging advanced technologies.
Speaking to a gathering that included Singapore-based envoys and global investors, Ambule noted that the developmental policies formulated in New Delhi were effectively implemented nationwide, covering rural areas, women's empowerment, and the agricultural sector. Addressing over 150 delegates, he highlighted significant projects in roads, railways, ports, and airports as part of this growth strategy.
Ambule pointed out the aviation sector's rapid expansion, including 1,200 new aircraft orders set for delivery in the next 10-15 years. He also mentioned that India's number of airports had doubled from 74 to 148 in a decade. Urbanization, increasing incomes, and higher consumer spending were also noted as positive indicators of economic progress.
(With inputs from agencies.)
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