New Delhi, Dec. 10 -- Our ambition is clear. By 2047, when India marks 100 years of independence, it must be a developed nation: A Viksit Bharat. This means moving from a $4 trillion economy to $30 trillion. To achieve this, per capita income must grow eight times, GDP nine times and manufacturing 16 times.

None of this is possible without a modern physical ecosystem that delivers fast logistics, efficient energy, reliable transport and sustainable urbanization. All of these depend on large-scale capital investment in infrastructure, making its creation the fulcrum of India's long-term economic transformation.

The next phase of growth will depend on how effectively we mobilize long-term capital and leverage innovative financing instrume...