21st century is India’s, we can be USD 40 trillion economy by 2047: Mukesh Ambani

Mukesh Ambani, Chairman and Managing Director of Reliance Industries on Wednesday said that the world sees 21st century as India’s and we can become USD 40 trillion economy by 2047.
He was speaking on the occasion of the Reliance Family Day Function. “Years will roll. Decades will pass. Reliance will continue to grow bigger and bigger like the proverbial banyan tree. Its branches will spread wider, its roots will go deeper and it will touch the lives of an ever-increasing number of Indians, enriching them, empowering them, nourishing them, and caring for them,” said the Chairman.
“But we will forever remember with gratitude our founder who planted the seed of this Vata Vruksh forty-five years ago. In Hindu tradition, Vata Vruksh is noble, it is sacred. Whenever I think of Reliance and the mission for which my father founded it, I believe that there is, similarly, something noble and sacred about that mission,” he added.
Mukesh Ambani claimed that Reliance’s mission is to make India prosperous by developing world-class businesses and to bring happiness in the lives of all Indians. “As you know, we are living through a time when the world is beginning to see the 21st Century as ‘India’s Century’. Our Prime Minister Narendra Modi ji, has aptly described it as India’s Amrut Kaal. The next 25 years are going to be the most transformational in the 5000-year-old history of India. This is when India is poised to achieve exponential economic growth. We can become a USD 40 trillion economy by 2047 – the Centenary of our Independence — in a sustainable and stable manner,” he said.
He termed the young demography and new technology acquired by India as a blessing and said that this mission is realistic and achievable. “From an era of shortages, scarcity and widespread poverty, India will enter an era of inclusive prosperity, an abundance of opportunities, and unimaginable improvement in the ease of living and quality of life of 1.4 billion Indians. Similarly, at a time when uncertainty, volatility and even regression can be seen in many parts of the world, India is being regarded globally as a Shining Spot. Therefore, I would like every leader and every employee in Reliance to know that destiny has given us an opportunity — and also a responsibility — to make a pivotal contribution to the realisation of the enormous promise of India’s Amrut Kaal,” Mukesh Ambani said.

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