Atul Keshap, president of the US-India Business Council, believes India possesses a "hot hand" in the current global climate. Following a 7.8 percent GDP growth rate, the nation is positioning itself as a central player in the global economy, with ambitions to reach a $30 trillion valuation by 2047. Keshap notes that American capital is already flowing into strategic sectors, but he argues that businesses require clear, stable parameters before committing tens of billions of dollars to large-scale projects.
Regulatory and tax transparency serve as the primary conduits for this next phase of growth. Keshap emphasizes that for India to evolve into a developed economy, it must foster world-class financial markets and maintain a consistent environment for foreign direct investment. As the US-India Business Council prepares to lead the B20 gathering in Washington, D.C.—representing 85 percent of global GDP—the focus remains on how harmonizing major economies can stabilize the international landscape. The path forward, according to the council, relies on the government’s ability to turn its recent momentum into a permanent, predictable framework for global partners.





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