‘$40 trillion economy by 2047,’ says Mukesh Ambani, describing India as a’shining spot’

Mukesh Ambani, chairman of Reliance Industries, stated that the next 25 years will be transformative for India. The goal of becoming a $40 trillion economy is both realistic and attainable.

India can become a $40 trillion economy by 2047 when it will mark the centenary of independence, Reliance Industries’ chairman Mukesh Ambani said at his father Dhirubhai Ambani’s birth anniversary, also celebrated as Reliance Family Day. He said that the next 25 years are going to be transformational for India which has a 5,000-year-old history.

The billionaire said that the goal is realistic and achievable in a sustainable and stable manner. He added that India is “blessed with the power of young demography, mature democracy and newly acquired power of technology”.