Adani talks up India the "emerging powerhouse", sees economy at $25 trillion by 2050
, Chairman of the
Adani Group
, in an address at the Indian Institute of Management Lucknow on August 8, projected that India will evolve into a $25 trillion economic powerhouse by 2050. He shared insights with students, emphasising the shifting global economic landscape towards India and the immense opportunities that lie ahead.
Adani urged the students to embrace a mindset that maximises possibilities rather than playing it safe. He pointed out that traditional frameworks like the DC model, Porter's five forces, and SWOT analysis are valuable but often focus on minimising risks based on past experiences. Instead, he advocated for a future-oriented approach that prioritises creativity and boldness.
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"The future will never belong to those who play it safe. It belongs to those who maximise possibility," he asserted.
The industrialist highlighted that the students' careers would align with India's transformative decades, saying, "Your most productive years will coincide with India's most powerful years."
He expressed confidence in India's trajectory, indicating that the nation is on the verge of becoming the third-largest economy by 2030, driven by demographic advantages, rising demand, digital innovations, and increasing domestic investment.
Live Events
Adani identified four key forces behind India's transformation:
Demographics:
He noted that India has the youngest and most ambitious workforce, ready to harness a billion dreams.
Demand:
Adani affirmed that India is not merely consuming but actively creating markets on a global scale.
Digital Infrastructure:
He praised India's advancements, such as Aadhaar and UPI, calling them platforms for innovation and inclusion.
Domestic Capital:
For the first time, Indian capital is supporting homegrown ideas with unprecedented confidence.
Adani encouraged students to think beyond conventional business models and embrace imagination and risk-taking. He cited the
Adani
Group's ambitious projects as examples of using imagination to shape the future rather than relying solely on predictions.
Adani also reminded students of the importance of India's civilisational values. Despite global influences, he stressed the significance of staying rooted in India's unique moral fabric.
"You are not just students of globalisation. You are the children of our civilisation," he said, urging them to carry forward this responsibility.
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