India’s Rise Is Inevitable As IMF And CEOs Say World’s Third Largest Economy Is Near

India’s ascent to becoming the world’s third-largest economy is no longer speculative, according to top policymakers, economists, and global CEOs speaking at a high-profile global forum. Union Minister Ashwini Vaishnaw described India’s growth path as a certainty driven by large-scale infrastructure investment, inclusive welfare delivery, manufacturing reforms, and sweeping deregulation.

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IMF’s Geeta Gopinath echoed the optimism, projecting India’s climb into the top three by 2028, while cautioning that the bigger challenge lies in raising per-capita incomes, fixing land and labour constraints, improving judicial efficiency, and addressing pollution.

Industry leader Sunil Bharti Mittal highlighted the need for scale, competitiveness, and smart trade diplomacy as global markets fragment, while IKEA CEO Jesper Brodin stressed India’s value as a long-term investment destination rather than a short-term profit market.

The discussion also explored tariffs, sustainability, and artificial intelligence, with consensus that India’s digital infrastructure and market size give it a unique advantage in a slowing global economy.

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