Sitharaman Says India Can Target Over 10% Growth With Tech and Innovation Push
What Happened
Finance Minister Nirmala Sitharaman said India can achieve economic growth of more than 10%, provided the country accelerates technology adoption and innovation across sectors. She was speaking at an IIT Madras Alumni Association event in Bengaluru, where she highlighted the role of startups, digital infrastructure and tech-led interventions in areas such as agriculture and payments. Sitharaman stressed that reaching double‑digit growth would require “a lot more effort” from all stakeholders and a more positive outlook on India’s economic trajectory.
Key Takeaways
Sitharaman’s remarks are an official statement of confidence in India’s long‑term growth potential, framing technology, innovation and startups as central to pushing GDP expansion beyond 10% while supporting goals like Atmanirbhar Bharat and Viksit Bharat.