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Sanjeev Sanyal: India An Emerging Power, GST Reforms Boost Global Standing

Sanjeev Sanyal: India An Emerging Power, GST Reforms Boost Global Standing

Business Today
Business Today
  • New Delhi,
  • Sep 5, 2025,
  • Updated Sep 5, 2025, 8:00 AM IST

Speaking exclusively to India Today, Sanjeev Sanyal places the latest GST reforms within a larger global context. He stresses that India is an “emerging world power,” set to become the world’s third-largest economy in the coming years while already being the most populous nation and a regional military force. Sanyal notes that India has stopped being “apologetic” in global trade talks, standing firm on its interests without escalating tensions. While some link GST reforms to turbulence in U.S. trade relations, he clarifies that simplification would have happened anyway, as part of India’s long-term economic agenda. With growth momentum at 7.8% in Q1, he argues these reforms strengthen India’s economy and reinforce its position in the evolving global order.

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