India aims to become the world’s third-largest economy by 2027 through reforms like GST and digital initiatives, promoting growth in technology and sustainability, said Mr. Amitabh Kant, India’s G20 Sherpa, at AIMA’s 68th Foundation Day & 18th National Management Day.
India’s ambitious vision encompasses not only becoming the world’s third-largest economy by 2027 but also achieving remarkable growth through strategic reforms and technological advancements. Overcoming initial challenges like twin balance sheet issues and deficits, India has implemented significant reforms such as the Goods and Services Tax (GST), a modern bankruptcy law, and reduced corporate taxes, which have bolstered economic fundamentals.