India to become world’s largest economy by 2047

The politician linked the country’s prospects to rapid economic and technological development

Oct 7 (TV BRICS/GNA) – India could become the world’s largest economy by 2047. This was stated by the Chief Minister of Andhra Pradesh, Nara Chandrababu Naidu, whilst speaking at the PAN-IIT technology summit in Vijayawada, reports ANI, a partner of TV BRICS.

According to Naidu, India is maintaining a steady pace of economic growth and is gradually strengthening its position in the global economy. He noted that it took developed countries decades, and even centuries, to reach their current level of economic development, while some Asian countries have managed to significantly accelerate this process.

The PAN-IIT Summit brought together alumni of the Indian Institutes of Technology, representatives from government and business, entrepreneurs, investors, start-ups, the scientific community, and technology companies. Participants discussed opportunities for developing Andhra Pradesh’s technology and innovation ecosystem and its prospects for growth.

The main topics included artificial intelligence, quantum and other cutting-edge technologies, start-ups, modern manufacturing, and digital innovation. Andhra Pradesh also plans to attract significant investment in artificial intelligence, space technology, deep tech, clean energy, and data centres.

GNA/TV BRICS

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