THEBUSINESSBYTES
BUREAU
MUMBAI,
FEBRUARY 4, 2026
India is standing at the threshold of
a once-in-several-centuries economic opportunity, with the potential to
transform itself into a $25–30 trillion economy over the next two to three
decades, Reliance Industries Chairman Mukesh Ambani said, outlining a long-term
vision anchored in stability, technology, infrastructure and people’s
confidence.
Speaking at the JioBlackRock
‘Investing for a New Era’ event in Mumbai, Ambani said India today is the
fastest-growing large economy in the world, capable of sustaining growth rates
of 8–10%, with even double-digit growth not ruled out. “A tree attracts
attention only when it bears fruit,” he remarked, adding that the Indian
economy is now “bearing fruit with great visibility, sustainability and
abundance.”
Ambani attributed this momentum to a
rare combination of growth-focused policymaking over two decades and prolonged
political and economic stability. He underlined that stable leadership, policy
continuity and predictability have laid the foundation for long-term confidence.
With the national goal of *Viksit Bharat* by 2047, Ambani said India now has a
clear, shared aspiration that aligns government, industry and citizens.
He pointed to execution as India’s
defining strength in recent years. From building roads at a pace unmatched even
by advanced economies at their peak, to emerging as a global leader in
renewable energy, India has demonstrated its ability to convert ambition into
outcomes. In the digital domain, Ambani said India has built world-class
infrastructure, including nationwide 5G connectivity that is both among the
best and the most affordable globally, reaching even the remotest villages.
This execution capability, he said, is
complemented by macroeconomic discipline. India’s public debt remains around
50% of GDP, far lower than many developed economies, providing room for
sustainable growth without burdening future generations. Strong law and order,
he added, has been a critical but often underappreciated prerequisite for
continuous economic expansion and social harmony.
Ambani highlighted the startup
ecosystem as one of the most exciting aspects of India’s transformation.
Interacting with young entrepreneurs in their late 20s and early 30s, he said
he sees the potential for “100 new Reliances” emerging from their confidence,
aspiration and scale of ambition. This entrepreneurial energy, combined with
nationwide confidence among parents and students that tomorrow will be better
than today, marks a generational shift in mindset.
Looking ahead, Ambani described
India’s growth opportunity as fundamentally long-term in nature. Currently a
$4–4.5 trillion economy in a $110 trillion world, India is positioned to
outgrow the global average and claim a much larger share of future value
creation. Over a 20–30 year horizon, he believes India can reach $25–30
trillion in GDP, driven by investments across energy, infrastructure and
technology.
On energy, Ambani said India has a
credible path to significantly reduce its dependence on imported fuels within
the next decade, aided by technology and large-scale investments. Physical
infrastructure remains another vast opportunity, as India continues to build
for 1.4 billion people using modern technology. Equally important is technology
infrastructure, including country-scale intelligence systems that can bring
advanced capabilities to every village.
Artificial intelligence, he said, will
be central to solving India’s most complex challenges. From delivering quality
education to 200 million schoolchildren, to creating affordable, digital
healthcare systems for 1.4 billion people, Ambani argued that such ambitions
would have been unimaginable without AI. He stressed that India should not fear
technology but embrace it, just as humanity embraced earlier industrial revolutions
that dramatically lifted productivity and growth.
Ambani also made a strong case for
shifting household savings into productive investments. While Indians have
traditionally been disciplined savers, he noted that large sums are still
parked in unproductive assets such as imported gold and silver. Converting
savings into transparent, safe and compoundable investments in capital markets
can help households grow wealth while simultaneously fuelling national growth.
For young Indians, Ambani’s message
was unequivocal: India’s high growth will translate into rising incomes and
unprecedented opportunities over the next two to three decades. As the global
economy potentially expands to $300 trillion with productivity gains from AI,
India could capture $30–35 trillion of new value. “That value has to be
created,” he said, adding that this scale of opportunity ensures room for
hundreds of successful companies and millions of new wealth creators.
Calling the moment “a
multi-generational opportunity,” Ambani said India’s confidence, technological
adaptability and long-term vision can redefine its position in the world. “If
we embrace technology and execute with purpose,” he said, “the next 20–30 years
can truly redefine India.”
