Key Points

India has made an impressive leap to become the world's fourth largest economy, moving up from the 11th position just a decade ago. This remarkable growth has been driven by focused technological advancement and innovation initiatives across multiple sectors. The upcoming ESTIC-2025 conclave will bring together researchers, industry leaders, and policymakers to further strengthen this momentum. Through such collaborative efforts, India aims to transition from being a technology follower to becoming a global innovation leader.

Key Points: India Becomes 4th Largest Economy Through Tech Innovation Push

  • India climbed from 11th to 4th largest global economy in just 11 years
  • Focus on semiconductors, AI, quantum computing and biotech for strategic autonomy
  • ESTIC-2025 unites 13 ministries for collaborative innovation platform
  • Young innovators to connect with mentors for Viksit Bharat 2047 vision
  • Event features global experts and Nobel laureates for knowledge exchange
2 min read

Decisive tech, innovation-driven push powered India's journey to 4th largest economy: Minister

Union Minister Jitendra Singh credits India's rise from 11th to 4th largest economy to decisive tech and innovation drive, supported by PM Modi's leadership vision.

"India's journey from being the world's 11th largest economy to the fourth has been powered by a decisive technological and innovation-driven push - Dr. Jitendra Singh"

New Delhi, Oct 6

India’s journey to the world’s fourth largest economy, from being the 11th a decade ago, was powered by a decisive technological and innovation-driven push, said Union Minister of State (Independent Charge) for Science and Technology Dr. Jitendra Singh on Monday.

Singh was speaking at the inauguration of the Curtain Raiser of the maiden Emerging Science, Technology and Innovation Conclave (ESTIC-2025), slated from November 3rd to 5th at Bharat Mandapam, here.

“In the past 11 years, India’s journey from being the world’s 11th largest economy to the fourth has been powered by a decisive technological and innovation-driven push, supported by consistent political vision and leadership under Prime Minister Narendra Modi,” Singh said.

The MoS further highlighted that conclave endeavours to place special focus on emerging and frontier technologies -- semiconductors, AI, quantum computing, biotech, space, and clean energy, areas essential to the country’s strategic autonomy and future resilience, as 11 identified thematic areas. He said that such initiatives symbolise India’s “quantum leap” from a follower to a frontrunner nation in science and innovation.

“The upcoming ESTIC-2025 is a platform for collaboration and meeting of minds of varied stakeholders -- uniting researchers, policymakers, industry leaders, and entrepreneurs to shape India’s scientific roadmap for Viksit Bharat 2047,” Singh said.

“This platform will provide young innovators the opportunity to connect with mentors, showcase their ideas, and discover next-generation human talent in contributing to India’s rise as a global knowledge power,” he added.

The conclave is a quintessential opportunity to inspire change, image, and innovate for Viksit Bharat in line with the Prime Minister’s vision for innovation-driven and inclusive development of the nation.

“ESTIC-2025 represents a new era of collaboration among 13 participating ministries and departments with diverse fraternity members and stakeholders, thereby bringing together researchers, industry, academia, and government under one platform,” said Dr. Ajay Kumar Sood, Principal Scientific Adviser. The ministries span from health, education, agriculture, energy, space, electronics and IT, environment, and more.

Sood noted that the conclave would serve as a dynamic platform for dialogue, knowledge exchange, and actionable roadmaps, with participation from global experts, Nobel laureates, and young researchers, among others.

- IANS

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Reader Comments

R
Rohit P
While the progress is commendable, I hope this innovation reaches rural India too. Many villages still lack basic digital infrastructure. The real test will be inclusive growth.
A
Arjun K
Quantum computing and semiconductors - finally we're competing in cutting-edge tech! This is exactly what we need for strategic autonomy. Jai Hind! 🚀
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Sarah B
As an expat working in Silicon Valley, I'm thrilled to see India's rise in global innovation. The focus on mentorship for young innovators is particularly exciting!
K
Karthik V
From 11th to 4th largest economy in a decade - what an achievement! The consistent focus on science and technology is paying off. Hope this momentum continues!
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Michael C
Impressive progress! The collaboration between 13 ministries shows comprehensive planning. Looking forward to seeing India's impact on global tech landscape.
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Neha E
As a researcher in biotechnology, I'm excited about ESTIC-2025. Finally, we're getting the platform we need to connect with industry and policymakers. This is game-changing! 💫

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