21st century biggest opportunity to bet on Incredible India: Gautam Adani
More than three decades after the founding of one of India’s largest and diversified infrastructure organization, Gautam Adani’s vision and confidence in nation-building and unprecedented business opportunities in India have grown rapidly. Speaking at the TIE Global Summit, he said that India is still incredible given the plethora of opportunities it offers the world.
Today India is at a wonderful point
He said, ‘In my view, India is at a wonderful point today. I believe that in the next few decades, India has firmly positioned itself as the biggest opportunity of the 21st century and will become stronger by 2050. Despite various challenges, its size and the expected slowdown in large democracies from time to time, the unique opportunities presented by its country made it an important destination among its global peers. ‘
The occasion was broadly divided into three parts – macroeconomic factors in India’s favor, new possibilities emerging in the Covid world, and especially how digitalization and the intersection of renewable energy will have a transformative impact on India’s future and destiny. Adani believed that the basis of the structural reforms that have strengthened the Indian economy in recent times will lay the foundation for accelerating growth and by 2050, Indian GDP will be USD 28 trillion (280 trillion), 15 percent of the global GDP.
India will be the target investment of every global company
Looking at India’s population growth, he said that by that time one in every three middle-class consumers in the world would be Indian and would make India the largest global middle class. No nation has ever built such a large middle class. The retail sector itself would be worth $10 trillion. India will be the target investment of every global company.
