Finance Minister Nirmala Sitharaman stated that India has the potential to achieve economic growth exceeding 10% by expanding key sectors such as startups, technology, innovation, and agriculture. Speaking at a fireside chat during Sangam 2026, the annual fest of the IIT Madras Alumni Association in Bengaluru, she emphasized the need for coordinated efforts to improve productivity, foster entrepreneurship, and leverage technological advancements to enhance efficiency and competitiveness.
Sustaining such rapid growth will require supportive investment and policy frameworks that promote innovation, entrepreneurship, and business expansion. Increased technology adoption and sectoral reforms can boost India’s productive capacity, generate employment, and improve living standards.
Sitharaman highlighted that faster economic growth would accelerate India’s progress toward “Atmanirbhar Bharat” and “Viksit Bharat”, aiming for broad-based improvements across the economy instead of relying on any single sector.
