New Delhi, May 12 -- India needs to convert its consumption-led growth model into an investment-led one to achieve its long-term goal of expanding the economy from $4 trillion to $30 trillion by 2047, said Renu Kohli, Senior Fellow at the Centre for Social & Economic Progress, speaking at the CII Annual Business Summit 2026.

She emphasised that a mega push in investments, particularly in green energy and resilient infrastructure, is critical for sustaining competitiveness amid the global decarbonization push.

Kohli noted that despite the US exiting several climate frameworks, global investments in renewables, electric vehicles and battery storage have not slowed. "That's very heartening and that's very important for India as well to tak...