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Modi Sets 2047 Targets: 50 Fortune 500 Companies, Top Bank

Modi Sets 2047 Targets: 50 Fortune 500 Companies, Top Bank
PM Modi’s Big Viksit Bharat Push: 50 Fortune 500 Firms, Top-5 Global Bank, 100 GW Nuclear Power · thestatesman.com

India's leader, PM Modi, gave a special speech for India's Independence Day.

In the speech, he talked about big goals for India to reach by the year 2047.

One goal is to have 50 Indian companies on a famous list of the world's biggest companies.

Right now, only nine Indian companies are on that list, called the Fortune Global 500.

He also wants an Indian bank to become one of the five biggest banks in the world.

Another goal is to make much more nuclear power, so India can make lots of electricity.

India also wants to teach ten million young people about artificial intelligence, which is how computers learn.

Modi wants India to build more factories that make computer chips, the 'brains' inside phones and computers.

He also wants Indian medicine companies to be among the biggest in the world.

These goals are meant to help India grow strong, self-reliant and successful in the future.

Key facts

Speaker
Prime Minister Narendra Modi
Occasion
Independence Day address from the Red Fort
Fortune Global 500 target
50 Indian companies by 2047 (nine in the 2025 ranking)
Banking target
An Indian bank among the world's five largest
Nuclear target
100 GW by 2047, from 8.78 GW as of July 31, 2026
AI training target
One crore young people trained in AI over the next year
Semiconductor target
Five to eight additional plants in 7-8 years; 12 projects approved across six states worth over Rs 1.64 lakh crore
Pharmaceutical target
An Indian company among the world's five largest pharma companies

Quotes

Prime Minister Narendra Modi

Prime Minister of India

“The banking sector in India is flourishing; one Indian bank should be among the top five globally.”
thestatesman.com
“Energy security is the demand of the time.”
thestatesman.com

Sources

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