It is now well established that by the end of this decade, India is set to be the world's third-largest economy under Prime Minister Narendra Modi-led government's third term, Gautam Adani, Chairman, Adani Group said here on Thursday. Addressing the annual Teachers' Day function at Jai Hind College in the city here, Gautam Adani said India is also well-placed to consolidate various path-breaking initiatives taken by the Government for an uninterrupted continuance of the economic and social programmes that have propelled the spectacular journey over the last decade.
The Adani Group Chairman said, "As a nation, we have never been closer to this aspiration than today. We stand on the threshold of an amazing era, where India is going to emerge as one of the largest growth playgrounds the world will ever see."
Despite global macro-economic conditions, India still remains a bright spot. It has emerged as the world's fifth-largest economy. The IMF has raised its economic growth forecast for the country for FY25 to 7 per cent from 6.8 per cent projected in April. The World Bank also revised India's growth outlook from the earlier projection of 6.6 percent to 7 percent in the current fiscal. What makes India's growth even more certain and exciting is the tremendous momentum driven by digital transformation.
"Over the last decade, we have built an enviable digital infrastructure that is now the object of attention globally. Take UPI. It has been a revolution in the arena of digital finance and has made seamless transactions a way of life for millions. Also, our leadership in mobile technology has further empowered every nook and corner of our nation making digital inclusion a reality," said Gautam Adani.
He says that though the Adani Group has helped in reconsidering the meaning of infrastructure across airport, port, logistics, industrial parks, and energy, it is not the victories that define them.
It is not winning and overcoming challenges but the incompetencies to do so that have sculpted the journey of Adani Group. Not avoiding falls, it's all about rising stronger after every fall. About pushing through the impossible and emerging stronger on the other side, Adani Group Chairman said in a tweet.
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