India poised to become economic powerhouse

  • 07/01/2004

  • Pioneer (New Delhi)

The 10th Partnership Summit of the Confederation of Indian Industry (CII) began amid confident declarations by the policy and decision makers that India would be one of the three top economies of the world in one-and-half decades. Deputy Chairman of Planning Commissioner K C Pant, who inaugurated the important annual gathering of the business leaders, Industry captains, foreign business delegates and other prominent persons from different walks of life, referred to the Goldman Sachs latest report forecasting that India would be among the three top economies by 2040.