Mumbai: With a robust and resilient economy, a large and dynamic consumer market, and a government committed to fostering business-friendly policies, India is poised to become one of the world’s leading investment destinations, Commerce and Industry Minister Piyush Goyal said in late February.

Inaugurated the ‘Bharat Calling Conference 2025’ organised by IMC Chamber of Commerce and Industry in India’s financial capital, the minister said that India stands at the forefront of global economic growth, offering unparalleled opportunities for investment across diverse sectors.

Dwelling on the theme ‘Path to Viksit Bharat 2047: Pioneering Prosperity for All’, he said there are huge opportunities unfurling in a country of 1.4 billion people, many of whom are aspirational and young. There is a deep commitment towards manufacturing, skill development, and innovation, as advocated by Prime Minister Narendra Modi himself, which truly makes India the world’s emerging investment destination.

Goyal highlighted that various strategic initiatives of the government, including Make in India, Digital India, Startup India, Swacch Bharat and Atmanirbhar Bharat, have collectively prepared the mindset of the nation to be resilient, self-sufficient and become a bigger player in global trade, even as the country’s economy is transformed in the Amrit Kaal of the coming two decades leading up to 2047.

“We are collectively committed to bringing about a prosperous and developed India,” he remarked. Goyal further said that India cannot become a developed nation if it does not open up its businesses for international trade. In this context, he named five key enablers for bringing about Viksit Bharat@2047, namely quality management and handholding of small business, sustainability, inclusive growth, skill development, and competitiveness and efficiency.