Increasing investment is essential for the goal of a developed India... Expert explains why
Experts stress the need for increased investment in order to achieve India's vision of becoming a developed nation.
During the India Today Conclave-2026 held in New Delhi, discussions were held on various political, social, and economic issues affecting the country. Notable participants included politicians, business leaders, industrialists, and entertainers. Anurag Mittal, the head of fixed income, emphasized the critical importance of increasing investments to reach India's goal of becoming a developed nation, highlighting that substantial growth in the bond market is also necessary. He noted that while India's economy has shown consistent strength over the past two decades, realizing the long-term development ambitions of the nation will require significantly more investment.
Mittal observed that Indiaโs share of global GDP has tripled over the last twenty years, increasing from approximately 1.1% to around 3.5%. This growth reflects a robust performance in various sectors, particularly in exports where India's global share in services has doubled, showcasing the country's rising influence in international trade. He argued that to fulfill the vision of a 'developed India,' it is essential to deepen the bond market to secure adequate financing for ambitious development goals.
The discussions at the conclave emphasized the need for a holistic approach to investment that encompasses various sectors of the economy, fostering an environment conducive to business growth and innovation. Experts collectively asserted that an investment-friendly policy framework, coupled with stronger participation from both public and private sectors, will be vital in ensuring that India's economic aspirations are met and sustained over the coming decades.