Prime Minister Narendra Modi on Saturday outlined a seven-pillar development framework, or “Sapta Dhara”, to guide India’s journey towards becoming a developed economy by 2047, placing manufacturing, food processing and technology at the heart of the next phase of economic growth. In his 80th Independence Day address, Modi said India needed a new growth framework to achieve the goal of Viksit Bharat, identifying seven “streams of strength”.
The seven pillars encompass manufacturing (cost, quality and scale), agriculture and food processing (leveraging new FTAs), technology and innovation (semiconductors, AI, digital infrastructure), Gati Shakti (infrastructure and logistics), defence power (self-reliance in arms), the green and blue economy, and India’s soft power. Modi said the framework can help India achieve in five to seven years what it could not achieve in the past five to seven decades.
