India to become a superpower by 2030: Rajnath Singh

Back in 2011, Mukesh Ambani predicted that India would become a $30 trillion economy by 2030. With less than four years left, do you think his prediction will come true?


India to become $30 trillion economy by 2030: Mukesh Ambani​

MUMBAI: India is poised to become a $30 trillion economy by the year 2030 from the current $1.4 trillion, industrialist Mukesh Ambani said today.

"India is envisaged to grow from a $1.4 trillion economy to over $9 trillion by 2020 and over $30 trillion by 2030 in nominal terms," corporate giant Reliance Industries Chairman Mukesh Ambani said while addressing RIL's shareholders at the company's 37th AGM.

India's continued march on a trajectory of high economic growth rate will translate into exponential growth in several sectors and RIL is well placed to participate in this growth story by aggressively "venturing into newer domains" he said.

"Reliance's greatest opportunity is to contribute to and also to benefit from India's galloping growth", Ambani said adding that RIL is determined to significantly enhance its ranking among global businesses.

India's economy is certain to become the third largest in the world in the foreseeable future.

Global economic scenario improved significantly in the year 2010 owing to accommodative monetary policies by most governments, which led to high liquidity in the system and stronger growth and higher demand.

"This milieu presents Reliance with several opportunities and challenges. Opportunities in market growth and for investments across each of its businesses," Ambani said.
 
Based on what I've already posted in the beginning of this thread, the short answer is no.

Let's check back in 2050.
 
AI is devastating Indian IT and back office roles. All those millions of people who graduate university each year looking to do IT and back office roles well guess what? No more easy path to western countries (they gone right wing anti immigration) and no more jobs at Indian IT firms either.

 
AI is devastating Indian IT and back office roles. All those millions of people who graduate university each year looking to do IT and back office roles well guess what? No more easy path to western countries (they gone right wing anti immigration) and no more jobs at Indian IT firms either.

This is a good point and will become more prevalent as more and more companies set up AI agents to handle the job that was done by a human.
 

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