The NDTV Profit Conclave 2025, held in Mumbai on February 18, emerged as a powerhouse of economic dialogue, gathering India’s leading policymakers, business tycoons, and financial experts to chart the nation’s ambitious journey towards Viksit Bharat 2047.

With the theme ‘The Blueprint for Viksit Bharat @ 2047’, the event highlighted India’s economic resilience, future-forward strategies, and transformative leadership aimed at propelling the country into a new era of prosperity.

Union Minister of Commerce & Industry, Piyush Goyal, set the tone of the event by underlining India’s global trade ambitions, particularly the country’s commitment to doubling trade with the United States to $500 billion by 2030. “This is a mega partnership of prosperity,” Goyal stated, emphasizing that India and the U.S. complement each other rather than compete. He hailed India’s proactive trade policies as a gateway to unprecedented business opportunities for domestic enterprises.

The conclave brought together a stellar lineup of industry leaders, including C.S. Setty, Chairman of State Bank of India; Dr. Anish Shah, Group CEO & MD of Mahindra Group; Nadir Godrej, Chairperson of Godrej Industries; Ridham Desai, MD of Morgan Stanley India; and Dipali Goenka, CEO & MD of Welspun Living India. Financial heavyweights such as Raamdeo Agrawal (Motilal Oswal Financial Services), Ashishkumar Chauhan (NSE), Navneet Munot (HDFC AMC), Nilesh Shah (Kotak Mahindra AMC), and Radhika Gupta (Edelweiss Mutual Fund) also shared invaluable insights on India’s financial growth and wealth creation strategies.

One of the most talked-about sessions was the exploration of India’s booming capital markets and the role of mutual funds in wealth creation. Raamdeo Agrawal described the current market landscape as an “Investment ka Mahakumbh,” pointing out the vast opportunities available to investors. Ashishkumar Chauhan of the NSE highlighted India’s growing retail investor base, revealing that “185-190 million Indians are actively participating in the market today, a number expected to surpass 300 million by the decade’s end.”

Navneet Munot, MD & CEO of HDFC AMC, stressed the importance of disciplined investing, positioning mutual funds as key tools for national development. Radhika Gupta echoed this sentiment, urging the industry to expand its outreach. “It’s time to shift from Mutual Fund Sahi Hai to Mutual Fund Sabke Liye Hai to ensure financial inclusion,” she asserted.

Banking sector reforms were another focal point, with SBI Chairman C.S. Setty highlighting the transformation in India’s financial landscape. “Balance sheets are cleaner, and public sector banks continue to enjoy the trust of depositors,” Setty remarked. However, he emphasized the need to deepen India’s debt capital markets to sustain long-term economic growth.

The conclave also delved into the future of Artificial Intelligence and disruptive technologies. In a panel moderated by NDTV’s Vishnu Som, Puneet Chandok (President, Microsoft India & South Asia), Ronnie Screwvala (Co-founder, upGrad), Manu Chopra (Co-founder & CEO, Karya AI), and Pratyush Kumar (Co-founder, Sarvam AI) discussed AI’s transformative potential. Chandok dispelled fears of AI replacing jobs, stating, “AI will act as an amplifier of human capacity, not a substitute.” Screwvala highlighted AI’s role in revolutionizing education, while Kumar predicted India’s dominance in generative AI, and Chopra called for AI inclusivity to empower underserved communities.

Adding to the dynamic discussions was a session on disruptive entrepreneurship featuring Aravind Sanka (Co-founder, Rapido), Piyush Shah (Co-founder, InMobi), and Shashank ND (Co-founder & CEO, Practo). These industry pioneers shared how their ventures are reshaping mobility, digital advertising, and healthcare in India, demonstrating the transformative power of innovation.

NDTV’s Director and Editor-in-Chief, Sanjay Pugalia, summed up the event’s significance, saying, “NDTV Profit is redefining financial storytelling to connect with India’s new generation of young investors. They are not just participants but the architects of India’s future. This conclave is a step toward equipping them with the knowledge and opportunities needed to shape Viksit Bharat 2047.”

With its blend of visionary leadership, deep market insights, and transformative strategies, the NDTV Profit Conclave 2025 reinforced India’s standing as a rising global economic powerhouse. For those who missed the live event, the entire conclave is available for streaming on NDTV Profit’s channel and website, www.ndtvprofit.com.