
Summary:
India is projected to become the fourth-largest economy by GDP in 2025. Its economic resilience presents an opportunity to reshape its global position. The rapid digital transformation, driven by India Stack, has democratized data, identity, and payments. To achieve the Rs. 30 trillion 'Viksit Bharat' goal by 2047, momentum must focus on skilling and harnessing the demographic dividend.
Artificial intelligence (AI) is a major growth engine, expected to add Rs. 83,56,814 crore (US$ 967 billion) to India's GDP by 2035. With India home to 16% of global AI talent, the country is wellpositioned to capitalize on this opportunity. Visa has been using AI for over 30 years, saving Rs. 3,45,680 crore (US$ 40 billion) annually through cybersecurity. Visa partners with MeitY and CSC to improve financial literacy, support women-led businesses, and drive economic growth through infrastructure and technology investments.
Source: IBEF
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