India will become a $40 trillion economy by 2047: Mukesh Ambani

Gandhinagar:

Reliance Industries Chairman Mukesh Dhirubhai Ambani said India is set to experience an “unprecedented explosion of economic growth and opportunity” during the Amrit Kaal and will grow from a $3 trillion economy dollars to $40 trillion by 2047 to rank among the top three economies in the world.

Addressing the Pandit Deendayal Energy University (PDEU) convening today, Mukesh Ambani said that three game-changing revolutions will govern India’s growth in the coming decades – the clean energy revolution, the bioenergetics and the digital revolution.

“Together, they will transform lives in ways unimaginable. While the clean energy revolution and the bioenergy revolution will produce energy sustainably, the digital revolution will allow us to consume energy efficiently. three revolutions together will help India and the world save our beautiful planet from the climate crisis,” he said.

“I am confident that you, the students of PDEU, along with thousands of other bright young minds across the country, will leverage these revolutions to enable India to achieve its energy goals,” he said. he adds.

Mukesh Ambani, chairman of the board of governors of the PDEU, said he was enthusiastic about the convocation ceremony.

“This batch of PDEUs graduated in a year that marks the beginning of Amrit Kaal in India. In our tradition, Amrit Kaal is considered the most auspicious time to start something new. And each of you begins his professional journey during this period. As the Amrit Kaal unfolds, India will experience an unprecedented explosion of economic growth and opportunity,” he said.

“From a $3 trillion economy, India will grow to a $40 trillion economy by 2047, ranking among the top three economies in the world in your working life. In other words, a future radiance awaits. Be ready to step out in confidence when opportunity knocks at your doorstep,” he added.

Mukesh Ambani said the university has prepared students for the future as it researches and teaches “energy with a very comprehensive perspective”.

He also had a piece of advice for students, saying that in the era of 4G and 5G, there is no “G” higher than “MataG and PitaG”.

“Today is your day. The arc lights are upon you. But behind the scenes are your parents and elders…it’s a very special day for them too. They’ve been waiting with can’t wait to see you take the stage and receive your It’s their life’s dream,” said Mukesh Ambani.

“Never forget the struggles they endured and the sacrifices they made to get you here. Their contribution to your success is immeasurable. Let me tell you something in your own jargon – the language of youth Every young person these days is excited about 4G and now 5G. But there is no “G” in this world greater than Mata G and Pita G. They were, are, and always will be your pillars of strength and most trusted support providers,” he added.

He said PDEU students were “bubbling with energy and enthusiasm”, “brimming with creativity and ideas” and “overflowing with an entrepreneurial spirit” and were equipped with the knowledge and skills to design breakthrough energy solutions for 1.4 billion Indians.

“You have all the ingredients to be the leaders India needs…And as leaders of India’s future, you must ensure that our nation leads the global clean energy revolution. and green. It’s a goal that each of you should pursue in mission mode,” he said.

The leading industrialist shared three mantras with the students to help them succeed in this mission:

“One, Think Big. Be a bold dreamer. Every great thing ever built in this world was once a dream thought impossible. You must own your dream with courage, nurture it with conviction, and achieve it with bold action and It’s the only way to make the impossible possible.

“Two, Think Green. The Clean Energy movement is about adopting a green mindset. It’s about being sensitive to Mother Nature. It’s about inventing ways to harvest her energy without harming her. it’s about making sure we leave behind a better and healthier planet for future generations.

“And three, Think Digital. In your mission to make India a leader in clean energy, digitalization will act as a force multiplier. Technologies like AI, robotics and IoT are powerful catalysts for change. Use them to your advantage. These three mantras will be your astras in your mission to make India a global clean energy leader,” he said.

Referring to the challenges posed by COVID-19, he said the period “was a trial by fire for each of you…in fact, for all of humanity”.

“But remember, the best sword is forged in raging fire,” he said.

Mukesh Ambani said the experiences of the past two years are “invaluable lessons that no institution could have taught you”.

“They molded you into better professionals. They made you tougher from the inside. They filled you with a spirit of caring and empathy.

“And they taught you the importance of serving humanity with honesty and integrity. With these learnings in your kitty, no mountain will be too high to climb, no river will be too wide to cross. So roll up your sleeves and move on,” he said.

Referring to Tata Group Chairman N Chandrasekar, who was the main guest at the event, Mukesh Ambani said he “is a real inspiration to the business community and the youth of India.”

“Through his vision, conviction and rich practical experience, he has scripted the spectacular growth of Tata Group in recent years. He has also led its forays into the companies of the future,” he said.

Mukesh Ambani said he was particularly inspired by “the gigantic steps” that the group has taken in the field of renewable energies under his leadership.

“If India is to become a powerhouse of renewable energy, it is possible through the combined will and initiatives of many leading business groups working with the ethos of a national coalition,” he said. -he declares.

Referring to Hasmukh Adhia, Chairman of the University’s Standing Committee, Mukesh Ambani said he was “one of the finest financial minds that India has produced”.

“The banking and tax reforms he formulated as Finance Secretary changed the face of our financial system. Under his chairmanship, PDEU became the first private university in Gujarat to be awarded an A grade by the NAAC. Credit for this achievement also goes to the excellent faculty and staff at PDEU,” he said.

(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)