India on course to become World’s 2nd Largest Economy by 2050″: Gautam Adani

India has to be seen in this context, according to Adani, India willrnaccomplish this phenomenal growth without sacrificing its democracy orrndiversity. As per his prediction, India would have the third-largestrneconomy in the world by 2030 and the second-largest economy in thernworld by 2050.
Over the next three decades, a number of connected elements wouldrnpropel India’s prosperity. He claimed that a nation that paid taxes wouldrnbenefit from the demographic dividend by seeing increased spending.rnWith a population of 1.6 billion and a per capita income of $16,000u2014rnmore than 700% higher than the per capita income todayu2014Mr. Adanirnpredicted that India’s median age in 2050 will be barely 38. As a sign ofrngrowing global confidence, FDI will surpass $1 trillion.Video Courtesy: BQ PrimernMr. Adani further stated that entrepreneurship and digitalization would be thernsecond feature that would work as an enabling factors. These twornelements can be combined to produce a dynamic, innovative workplacernbecause they are intimately related. In addition to transformingrnhealthcare, education, and skill development, he asserted that ourrndigitized India would also create a most equitable society.rnIn the last year, the billionaire has focused a lot on the energy revolution and its possibilitiesrnfor India. His Adani Group plans to invest $70 billion in green energyrnover the next ten years. According to him, the space of energyrntransformation was the third dimension that would show to be a dramaticrnshift for India.rnGreen hydrogen and the combination of solar and wind open uprnunprecedented possibilities for India. u201cCooling the planet down will bernone of the most profitable businesses and largest of job creators over thernnext several decades India cannot be seen as a land for ‘making and taking’rnprofits outside of its geographic boundaries, and superpowers in thernmultipolar world must recognize that there is no one size of democracyrnthat fits all.Adani was speaking to the World Congress of Accountants at the Jio Convention Centre in Mumbai. Do you believe India will be able to accomplish this?Feel free to share your opinions in the comments section.