"India Grew 7.7%": CEA V Anantha Nageswaran Hails India’s Economic Resilience

Chief Economic Adviser V. Anantha Nageswaran delivered a powerful address on India’s infrastructure and nation-building journey towards Viksit Bharat 2047. He warned that India must prepare for a tougher global environment marked by geopolitical tensions, trade disruptions, climate risks, supply-chain vulnerabilities and technological shifts. Highlighting India’s resilience, Nageswaran noted that the economy grew 7.7% in the last financial year, while manufacturing expanded by over 10% and foreign exchange reserves remained near $700 billion. He stressed that the new global order demands resilience over efficiency and called for sharper policymaking as India builds a developed nation.