No Power on Earth Can Stop India from Becoming a Developed Nation by 2047: Shri Piyush Goyal

India Emerging as World’s Most Sought-After Consumer Market and Top Investment Destination: Shri Piyush Goyal

The government is embarking on the next 100 Days Agenda of Transformation to take India on a fast track to developed nation. This was stated by Union Minister of Commerce and Industry Shri Piyush Goyal at the 2nd Lokmat Global Economic Convention today.

Addressing the gathering, the Minister said that in the next 100 days, the government will follow the clarion call given by Prime Minister Narendra Modi on 15th August to take India forward on a fast-tracked pathway, implement the vision of a developed nation by 2047, follow the ‘Panch Prans’ (Five Pledges) which have been articulated, and ensure that every citizen takes it upon themselves, as a sense of duty, to make India a prosperous and developed nation by 2047. He said that this effort will see the work of 140 crore Indians come together as one team, one family, erasing the colonial mindset, respecting India’s rich history, culture and tradition, and focusing on the unity and integrity of the nation. He stated that no power on earth can stop India from becoming a developed nation.

Shri Goyal also referred to the global confidence in India’s economic growth, noting experts’ assessment that India is on course to emerge as the world’s most sought-after consumer market and a top investment destination. He said this progress is the result of the contribution of 140 crore Indians through programmes such as Make in India and Atmanirbhar Bharat, which are strengthening supply chains and building resilience. He added that India has arrived on the global stage and that, as Prime Minister Modi has said, यही समय है, सही समय है (this is our time, the right time).

The Minister paid tribute to Lokmat Group founder Shri Jawaharlal Darda, describing him as a veteran freedom fighter and a tall luminary who makes every Maharashtrian proud. He noted that Lokmat is today the largest-read Marathi daily and one of the largest media groups in India, covering a wide span of activities across digital, electronic and print. He said that in every sphere, Lokmat has upheld its principles, bringing Maharashtra to the forefront and focusing on how the state can progress through collective efforts beyond political affiliations.

Shri Goyal highlighted that Maharashtra is the largest economy in the country and contributes the most to India’s growth story. He said that in this era of transformation, the government is reforming processes to improve ease of living and ease of doing business by removing regulatory burdens, reducing compliances and supporting industry to invest fearlessly. He added that the media, working closely with the government, can play a vital role in this goal.

The Minister said that India has concluded balanced, fair and equitable free trade agreements with the United Arab Emirates, Mauritius, the four nations of the EFTA group (Switzerland, Norway, Liechtenstein, Iceland) and the United Kingdom, and is making rapid progress with other engagements. He said these efforts are collectively ensuring success for MSMEs, farmers and the animal husbandry sector, while protecting the interests of India’s dairy industry and expanding access for Indian goods and services across global markets.

Reiterating the Prime Minister Narendra Modi’s message, Shri Goyal urged everyone to be “vocal for local,” transform processes and governance practices and focus on quality and cost competitiveness. He added that the bedrock of Vikshit Bharat is Atmanirbhar Bharat.

Economic transformation agenda accelerates developed nation roadmap through business reform and expanded trade access for producers and exporters. The communication sets a focused economic transformation agenda for the next 100 days to fast track progress toward developed nation objectives by 2047 through process reforms that improve ease of living and ease of doing business, reduce regulatory burdens and compliances, and support industry investment and competitiveness. It pairs these governance reforms with trade policy measures-concluded and ongoing free trade agreements-to expand market access while protecting sensitive domestic sectors and advancing benefits for MSMEs, farmers and animal husbandry, underpinned by supply chain resilience initiatives.