Indian economy is poised to cross USD 4 trillion in the current fiscal as India adopts green energy transition, said India’s Chief Economic Advisor, V Anantha Nageswaran.
Speaking at the IVCA Green Returns Summit 2025, Nageswaran said on Tuesday that despite the global geopolitics being in a “huge state of flux”, economic growth remains vital to India’s standing in the global scheme of things.
The CEA said India is well aware of the potential consequences of global warming, climate change, and their effects on agriculture, environment and coastlines, which is why there’s been a conscious transition to green energy.
Also Read: Consumption will drive growth upwards of 6.8 per cent: CEA
“So, whatever we do with respect to greening the economy, be it energy transition, environment, dealing with climate change and climate volatility have to be aligned with our priorities, both in the near term and the medium term,” he said.
India is currently the fifth largest economy in the world with a GDP of around USD 3.9 trillion, which Nageswaran said will cross the USD 4 trillion-mark by the end of March, 2025.
“That is why we as a country are committed to achieving net zero by 2070,” he added.