An analytical review of the Indian economy and achieving structural transformation amid global challenges

The objective of this study is to analyse the principal drivers, structural challenges and strategic policy imperatives for the Indian economy as it pursues its goal of becoming a developed nation by 2047. The analysis underscores that this long-term vision is contingent upon a comprehensive strategy that leverages India's distinct domestic strengths specifically its aggressive public capital expenditure, stabilizing financial sector, and the immense potential of its youthful demographic to create a buffer against an external environment increasingly defined by geo-economic fragmentation and the weaponization of supply chains. However, relying on internal resilience is insufficient; the nation must simultaneously confront the structural risk of