India’s path toward becoming a world leading economy: Opportunities, challenges, and the role of Aatmanirbhar Bharat

Abstract

In recent years, India has become one of the largest economy growth rates with structural reforms, growing domestic demand and digital transformation, policy efforts to enhance industrial capacity. Some of the research papers point out the fact that India is on its way to becoming a 5 trillion dollar economy, its rising performance in terms of GDP growth compared to other economies and its increasing role in international trade and investments. Meanwhile, researchers underline the presence of long-term socio-economic and structural limitations, which can influence sustainability. The aim of the current review paper is to discuss the opportunities of India becoming a leading economy in the world, discussing the main opportunities, the major challenges, and the role of the policy of Aatmanirbhar Bharat Abhiyan. The paper is premised on systematic review of secondary literature, based on academic research articles, policy papers, and economic reports released in the period between the year 2009 and 2025.The review cites key drivers of growth which include population strength, digital advancement, manufacturing reform, and globalization. It also talks about issues such as unemployment, inequality, fiscal strains and infrastructure deficits. It is concluded in the paper that India has great potential of becoming global economic leader, however, it should continue with reforms, inclusive growth policies and proper implementation of self-reliance policies to achieve long-term success.