Reliance Industries Chairman, Mukesh Ambani, delivered an optimistic outlook for India’s economic trajectory, envisioning a remarkable surge to a $40 trillion economy by 2047, up from the current $3.5 trillion. Ambani articulated these projections at the convocation of Pandit Deendayal Energy University (PDEU) in Gandhinagar, Gujarat.
Ambani emphasized the escalating energy demands in India, foreseeing a doubling by the decade’s end. Stressing the necessity for clean, sustainable energy to fuel this growth without compromising the environment, he underscored India’s pivotal role as the world’s third-largest energy consumer.
Amidst this projection, Ambani highlighted the nation’s imperative to address the ‘Energy Trilemma,’ encompassing challenges of ensuring equitable access to affordable energy, transitioning to clean energy sources, and mitigating economic vulnerabilities amidst a volatile global environment.
Positioning energy transition as pivotal to India’s global leadership in sustainable development, Ambani expressed confidence in the nation’s capacity to spearhead innovative solutions. He commended the emerging talent pool, entrusting them to architect groundbreaking energy solutions to fortify India’s self-reliance and contribute to a safer global ecosystem.
Encouraging the youth to embrace fearlessness and persistence, Ambani advocated for courage in the face of adversity, emphasizing the significance of learning from mistakes and forging ahead resolutely. He urged the young generation to channel their efforts towards India’s progress and asserted their fortuity to contribute to a confident, forward-moving India.
Sources By Agencies