Review Analysis of Global Trade and FDI in India

The ‘Viksit Bharat 2047 initiative outlines India’s goal to attain developed nation status by 2047. This research paper explores the framework supporting this vision, focusing on economic growth, social equity, environmental sustainability, and governance. It highlights the role of youth as agents of change and aims to improve living standards for key groups: youth, women, the economically disadvantaged, and farmers. Targeted economic milestones include a $29 trillion GDP and increased foreign direct investment (FDI), alongside reforms in trade and taxation. The paper assesses India’s current progress and recent global trade developments, employing qualitative and quantitative methods to identify critical benchmarks for success. Ultimately, it advocates for a comprehensive approach to ensure inclusive growth and economic transformation, positioning India as a self-reliant global leader by 2047.