India  

Mukesh Ambani urges students to be bold dreamer and think big, India to do great economic growth

Reliance Industries Ltd (RIL) Chairman and Managing Director Mukesh Ambani said Tuesday that the country will witness an unprecedented economic growth and explosion of opportunity as Amrit Kaal unfolds.

He said this year marks the start of India’s Amrit Kaal, considered the most auspicious time to start something new, and expects India to become a $40 trillion economy by 2047.

“As Amrit Kaal unfolds, India will witness an unprecedented explosion of economic growth and opportunity. India will grow from a $3 trillion economy to a $40 trillion economy by 2047, making it one of the world’s top three economies for working life.” (PDEU), Gandhinagar.

The term Amrit Kaal was mentioned by Prime Minister Narendra Modi in his 75th Independence Day address in August 2021. Earlier this year, Finance Minister Nirmala Sitharaman also used the term when announcing the Union Budget for 2022-23.

PEDU Board Chairman Ambani said three game-changing revolutions – clean energy, bioenergy and digital – will shape India’s growth in the coming decades and change lives in unimaginable ways.

“While the clean energy revolution and the bioenergy revolution will generate energy sustainably, the digital revolution will allow us to consume energy efficiently,” he said. Together, these three revolutions will help India and the world save the planet from climate change. I added that it might help. Danger.

Ambani asked students to think big and be bold dreamers.

He said they should think green too, because the clean energy movement is about adopting a green mindset.

“In our mission to make India a clean energy leader, digitization will be a force multiplier,” he said. Technologies such as AI, robotics and IoT are enabling powerful change. Use it to your advantage,” he added.

Addressing the event, Tata Sons Chairman N Chandrasekaran said that India is on the cusp of a new transition and will witness a period of tremendous growth.

“It doesn’t just mean economic growth. There will definitely be economic growth. We will grow from a $3 trillion, $5 trillion, $10 trillion economy to a $25 trillion, $50 trillion economy. Our per capita income will double and triple, up from the current $2,800. You will see a huge improvement in quality of life.”

He said the role of the state in the energy transition is unique and will come much sooner. If India fails to achieve the energy transition, the world will face greater sustainability challenges, he noted.

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