CNBC-AWAAZ hosts Bharat Economic Samvaad on India’s growth roadmap to 2047

MUMBAI: India’s economic conversation got a prime-time upgrade as CNBC-AWAAZ brought policymakers, economists and corporate leaders under one roof for the Bharat Economic Samvaad, a conclave focused on charting the country’s path towards Viksit Bharat 2047.

Held in Mumbai on May 26, the day-long summit explored some of the biggest questions shaping India’s future growth story, from manufacturing and capital markets to artificial intelligence, cryptocurrency, urban infrastructure and global trade.

The event opened with a welcome address by CNBC-AWAAZ managing editor Anuj Singhal, who framed the discussions around India’s long-term economic ambitions and its evolving role in the global economy.

Among the senior policymakers addressing the conclave was Mansukh Mandaviya, Union minister for labour and employment, youth affairs and sports, who focused on the role of India’s youth population in driving economic growth.

Speaking at the event, Mansukh Mandaviya said EPFO subscribers will soon be able to withdraw up to 75 per cent of their funds through UPI-linked systems using Aadhaar and ATM access.

He added that the government is also working on WhatsApp-based automated services to simplify access to EPFO claims and information.

Meanwhile, Union minister for textiles Giriraj Singh, spoke about export diversification and India’s resilience in global textile trade.

Addressing the gathering, Giriraj Singh said India had consciously reduced dependence on the US market for textile exports and expanded shipments across 180 countries through exports from 523 districts.

The conclave also featured key policy insights from Anuradha Thakur and NITI Aayog vice chairman Ashok Kumar Lahiri.

Speaking about the Viksit Bharat 2047 vision, Ashok Kumar Lahiri stressed the importance of foundational literacy, primary healthcare access and lower logistics costs through better roads, ports, railways and affordable electricity.

Business leaders and market experts also took centre stage during a series of panel discussions and fireside conversations.

The conclave featured participation from Vedanta Group chairman Anil Agarwal, Rajesh Agrawal, Edelweiss Financial Services president Ajay Sharma, Hyundai Motor India MD and CEO Tarun Garg, Kotak Mahindra Asset Management MD Nilesh Shah, and HDFC AMC MD and CEO Navneet Munot, among others.

Sessions throughout the day focused on moving beyond headline-level discussions and instead offering practical, long-term perspectives on India’s economic transformation.

The summit was supported by partners including BSE, Mindspace Business Parks REIT, Choice, Generali Central Life Insurance, Government of Uttar Pradesh and Reliance Industries.

As India positions itself for its next phase of economic growth, the Bharat Economic Samvaad made one thing clear: the road to Viksit Bharat 2047 will require not just ambition, but constant dialogue between policymakers, businesses and innovators steering the country forward.