Union Minister of State Dr. Jitendra Singh painted an optimistic picture of India’s economic trajectory during the P. Parameswaran Memorial Lecture in Kaudiyar, Thiruvananthapuram. From the ‘Fragile Five’ tag in 2014 to fourth globally today, he said, this ascent embodies renewed national vigor and vision.
India, he predicted, will soon claim the third-largest economy status en route to ‘Viksit Bharat’ in 2047. Delivering the lecture, Dr. Singh unpacked the data driving this optimism.
Global Innovation Index: 81st to 38th in a decade. Startups: 200,000+, creating 2.1 million jobs. The Startup India program, launched amid doubts in 2015, has become a transformative force, especially with half emerging from smaller cities and women at the helm of many.
Women’s roles are evolving rapidly—from traditional confines to commanding national initiatives in science, space, and governance. Patent filings rank India sixth worldwide, dominated by local innovators (over 60%). Scientific papers garner international acclaim, placing thousands of Indians among the top 2% global scientists.
Reforms have magnetized private capital into space ventures, fortified domestic defense tech, spiked exports, and embedded self-reliance. Emerging frontiers like ocean resources, deep-sea minerals, and biodiversity promise exponential economic value.
‘The youth of today will build tomorrow’s developed India,’ Dr. Singh stressed. This roadmap—from recovery to supremacy—positions India as a global economic contender poised for greatness.