Reform will propel fundamentals of India's performance: N Chandrasekaran

Reform will be a key pillar that will propel fundamentals of India's performance in the coming decades, which have a major growth opportunity for the country, Tata Sons Chairman N Chandrasekaran said on Friday.

While the country can look forward to becoming a USD 25-30 trillion economy in its 100th year of Independence, it is also crucial to spread the gains of the future to everyone, including informal workers, agricultural labourers and women, he said while addressing the annual convention of industry body FICCI.

Chandrasekaran noted that the government has taken several reforms before and after the pandemic which has set a strong foundation for a renewed vision for India in 2047.

"Looking for the next few decades, India presents a major growth opportunity. At the same time, it is important to remember the scope of reforms India has undertaken in the last few years," he said.

Pre-pandemic, the government introduced GST, Insolvency and Bankruptcy Code (IBC), inflation targeting ..