India As I See After 10 Years

-- Johan Shyju Varughese, IV-D, Indian Learners Own Academy

Thursday, January 21, 2021

India is a great country and an emerging superpower. It is one of the most promising countries in the world. India is a democratic country that is developing fast. Its economy is growing stronger and stronger every day. Since it is the second largest country, the demand for almost everything is always high. Hence India is an ideal place for investment. Many Multinational Companies have already invested heavily in India, which will create more employment, more opportunity, more skill development etc.

In terms of economic prosperity, India is the fastest progressing country in the world. The economy of India is the sixth-largest economy in the world measured by nominal GDP. The country is categorized as a newly industrialized country, one of the G-20 major economies. India's economy became the world's fastest growing major economy in the last quarter of 2014, surpassing the People's Republic of China. Indian economy will be the strongest and developed economy during the next ten years. The Indian Government is also investing hugely in developing basic infrastructure. This is a wonderful opportunity for growth and development. The Government is making better policies to provide financial betterment and security for its citizens.

India’s scientific and technological advancement and ISRO’s expertise is remarkable. It successfully launched 104 satellites into the space and made a world record. Similarly, Indian DRDO, BHEL, ADA and other defense organizations have successfully created advanced surface-to-air missiles along with other cutting-edge weapons of self-defense. It will launch many more successful manned and unmanned missions into the space.

India's integration with the global economy will be even higher with trade in goods and services accounting for nearly two-thirds of GDP. India is one of the fastest-growing economies in the world. By 2030, it is on course to witness a 4x growth in consumer spend. The new Indian consumer will be more willing to spend but will also be more discerning. Digitally influenced consumption will become the norm. India’s value will aid the growth of e-commerce, ‘value for money’ brands and category extensions.

India presents a host of exciting business opportunities. Building on the momentum of collaborative efforts such as Skill India and Eat Right India, can help tackle the three key societal challenges facing India today: the need for skills and jobs for its working age majority; the greater inclusion of rural India; and the building of a healthy and sustainable future for its citizens.

India is the land of opportunities, growth and prosperity. Though India faces many challenges like population, poverty of people living in rural areas, lack of basic amenities etc., these challenges can be easily overcome with our strong will power and determination. Manpower and resources must be utilized and used optimally.

The future of India is very bright and promising. In the next ten years, India will envision tremendous growth and innovation in all sectors. Awareness and tech-savviness will create massive opportunities. It will also be a well established and emerging platform for inclusive growth and success. The next ten years is going to be India’s “golden moment” using advanced Digital and Technology in key sectors.

Let us all stand united and strive to contribute towards the betterment of our country. Incredible India will mark its way to a remarkable achievement. India will embrace this full-fledged development and outshine in glory. India will prosper and rise victoriously with full power in all sectors.

I am proud to be an Indian. Jai Hind.

Johan Shyju Varughese, IV-D, Indian Learners Own Academy