New Delhi [India], Piramal Group Chairman Ajay Piramal on Saturday presented an exciting vision for India's economic future by 2024 at the Confederation of Indian Industry (CII) Annual Business Summit 2024 held in New Delhi. Speaking to ANI, Piramal gave his estimates. Emphasizing the significant progress needed in electric vehicles (for the EV sector to sustain growth) for India's economy, Piramal expressed optimism about India's economic trajectory, predicting that by 2029, India will be the world's third largest Will become a big economy. United States and China. Expecting rapid progress over the next two decades, he said, "Let's say in 2047, we will be the third largest economy, maybe a US$40 billion economy. Even now, in the next - I think 2029, we will be the third largest economy." Will be the largest economy." economy." There will be a big economy. Therefore only America and China will be ahead of us. Highlighting the importance of equitable development, Piramal discussed the 'Aspirational Districts' initiative launched by Prime Minister Narendra Modi in 2017. These districts, known for their lagging development indicators, are critical to achieving the Sustainable Development Goals (SDGs), Piramal said, "and yet, there are parts of India that will suffer if we do not develop them." India's GDP will grow and so will the economy. That's why I identified aspirational districts in 2017, where I believe we need to work together with the government, all civil societies, so that India can grow by 2030. Can achieve SDGs.This work is so big that no one person can do it alone, so collaboration is essential.” Moving on to the topic of technological disruption, Piramal stressed the need to accelerate the adoption of electric vehicles (EVs) across India. Is. He said that two-wheelers and three-wheelers, which constitute about 75 percent of the country's vehicle population, are important in this transformation.