3 weeks ago
Beyond Growth, India's Task Is to Help Shape the World
India is a very big country that became free 80 years ago.
Now India wants to be important and helpful to the whole world.
Other countries are looking for new friends to trade with and work with.
India wants to help with things like technology, energy, and building things.
More than one out of every six people on Earth lives in India.
But India does not trade as much with the world as other big countries yet.
India has a big dream called Viksit Bharat for when it turns 100 years old.
India wants to build more roads, factories, and clean energy.
It also wants good jobs and schools for all its people.
If India becomes strong at home, it can help make the world better too.
India is entering its 80th year of Independence, shifting from securing its place in the world to helping shape global growth and choices.
India carries credibility with the Global South while maintaining strong relationships with advanced economies across trade, technology, talent, energy and supply chains.
India is home to more than one-sixth of the world's population but still accounts for a much smaller share of global trade.
The 'Viksit Bharat' vision sets out the kind of country India wants to become when it completes 100 years of Independence.
India needs long-term investment in infrastructure, manufacturing, clean energy, cities, technology and enterprise, plus productive formal jobs to ensure growth reaches all sections of society.
- Who
- India, guided by its Viksit Bharat vision, along with partner economies such as the European Union; the piece is authored by Kaushik Shaparia, CEO of Deutsche Bank Group India & Emerging Asia.
- What
- India's shift from simply participating in global growth to helping shape global choices on trade, technology, talent, energy, supply chains and development as it enters its 80th year of Independence.
- Where
- India, and its global relationships, including the India–EU Free Trade Agreement.
- When
- As India enters its 80th year of Independence, with the Viksit Bharat aspiration looking ahead to the country's 100th year of Independence.
- Why
- To convert India's demographic scale into economic influence and its domestic strength into global relevance.
Key facts
- Author
- Kaushik Shaparia, CEO, Deutsche Bank Group India & Emerging Asia
- Context
- India enters its 80th year of Independence
- Population share
- More than one-sixth of the world's population
- National vision
- Viksit Bharat - aspiration for India at 100 years of Independence
- Partnership example
- India–EU Free Trade Agreement
- Investment priorities
- Infrastructure, manufacturing, clean energy, cities, technology and enterprise
- Domestic priorities
- Productive, formal, better-paying jobs; quality skills, education and healthcare
Sources
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