Pune, February 14 – Shaurya Doval, the founding director of the India Foundation, a think tank based in Delhi, said on Saturday that India has created a strong foundation for a future economy by developing the digital infrastructure needed for long-term growth.
Speaking about India's economic journey, Doval said that the country has become future-ready by investing in systems that can support an economy worth $30 to $40 trillion in the coming decades.
He explained that digital platforms, governance reforms, and technology-driven systems are laying the groundwork for sustained expansion and global competitiveness.
"The first thing that has happened is that we have laid the foundation for what I believe will be a future economy. We are future-ready because we have created the digital infrastructure that is needed for an economy that is going to move to the range of our $30 to $40 trillion," he said.
Doval also highlighted India's economic performance over the last decade, particularly from 2014 to 2025.
He said that the figures themselves reflect the progress made during this period. According to him, India's GDP stood at around $2 trillion in 2004, which was the result of nearly 65 years of growth since Independence.
He recalled that when India became independent in 1947, the economy was valued at just about $30 billion. Reaching the $2 trillion mark took decades, but the pace of growth has accelerated significantly in recent years due to policy stability, infrastructure development, and digital transformation.
"If you look at the Indian economy's performance in the last 10 years, from 2014 to 25, I think the first statistic itself speaks pretty much in terms of the scorecard," Doval mentioned.
"In 2004, India's GDP was $2 trillion. India had, in about 65 years of its independence, started with a base of about $30 billion in 1947 and achieved an economic size of $2 trillion," he added.
These remarks were made in Pune, where Doval emphasised that India is now better positioned than ever to move into the league of the world's largest economies, backed by strong fundamentals and a clear long-term vision.
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