India has witnessed a real transformation in the last decade from an emerging status to a pivotal global economic force, driven by robust growth and widespread digital public infrastructure.
Union Civil Aviation Minister K Rammohan Naidu and Deputy Chief Minister of Gujarat Harsh Sanghavi stated this while speaking at a session organised on the sidelines of the World Economic Forum Annual Meeting being held at Davos in Switzerland yesterday.
The Union Civil Aviation Minister said India is becoming essential to the global economic order and is no longer defined as merely an emerging economy.
He said, India stands at the intersection of trust, scale, and innovation, offering reliability through its stable democratic institutions, resilience through its diversity and size, and relevance through solutions that deliver value for money.
Mr Naidu said, India’s growth today is broad-based, digitally enabled, infrastructure-backed, and inclusive by design.
He said, one of the most consequential changes in India’s development model has been the creation of digital public infrastructure.
He added that platforms like digital identity, real-time payments, and consent-based data sharing, and all these have given a certain kind of advantage for the Indian economy.
Echoing similar sentiments, the Deputy Chief Minister of Gujarat, emphasised that for decades India was described as an emerging economy, but today that description no longer captures the reality.
He said, India is pivotal – pivotal to global growth, to resilient supply chains, pivotal to democratic stability and pivotal to the future of innovation, sustainability and inclusive development.
