“India Will Be A Superpower In…” – Piyush Goyal Prediction For Indian Economy

Piyush Goyal, India as a superpower
File image of Piyush Goyal
Piyush Goyal, India as a superpower
File image of Piyush Goyal

Union Minister Piyush Goyal said Saturday at the Hindustan Times Leadership Summit that the world has recognised that ‘India has arrived,’ painting a positive picture of the country’s position among the world’s leading nations.

“In today’s world… whether political or business world… most people can see that India has arrived,” the minister said.

“The world can understand the India story… both as an economic narrative and as a nation. The story demonstrates the positive mindset of all Indians… it demonstrates an aspirational belief in wanting a better life for themselves and their families. The story also depicts political stability and a significant push toward a corrupt-free society.”

Goyal praised a ‘energetic and youthful nation’ that ‘desires the good things in life (and) the good things in life’.

Goyal praised a ‘energetic and youthful nation’ that ‘desires the good things in life (and) is willing to experiment and take risks (to achieve its objectives).’

“They (the people) are not afraid of failure,” said the union textiles and commerce minister.

“The world can see India as an economic narrative and as a nation.” The story demonstrates the positive mindset of all Indians… it demonstrates an aspirational belief in wanting a better life for themselves and their families. The story also depicts political stability and a significant push toward a corrupt-free society.”

Goyal praised a ‘energetic and youthful nation’ that ‘desires the good things in life (and) is willing to experiment and take risks (to achieve its objectives).’

“They (the people) are not afraid of failure,” said the union textiles and commerce minister.

He described India as a “bright spot in the world,” noting that it “not only changes the lives and destinies of a billion and a half Indians, but also helps the world economy grow.”

“The bottom line is that there will be exponential growth,” Goyal said. “The headline is that India will be a global superpower in the next 25 years.”

The remarks come a day after Moody’s cut India’s 2022 GDP projection to 7% for the second time in as many months, citing concerns that the global slowdown and high domestic interest rates will dampen economic momentum.

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