India to Hit $26 Trillion Economy by 2047, Piyush Goyal Declares Unprecedented Growth

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News18•18-02-2026, 23:36
India to Hit $26 Trillion Economy by 2047, Piyush Goyal Declares Unprecedented Growth
- •Union Minister Piyush Goyal announced India's economy is projected to reach $26 trillion by 2047, calling it unprecedented growth.
- •India is currently the world's fourth-largest economy and is expected to become the third-largest by 2027-28.
- •Goyal highlighted India's active pursuit of trade deals, signing 9 major agreements in the last four years.
- •India is connected to 38 developed countries through 16 FTAs and 6 PTAs, prioritizing national interests and protecting sensitive sectors.
- •External Affairs Minister S. Jaishankar noted India's 'Developed India' goal by 2047 amidst global uncertainty, aiming for global stability.
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