NEW DELHI, Oct. 3 -- India can call itself a developed economy only when growth is inclusive and reaches every section of society, vice president C.P. Radhakrishnan said, highlighting the country's position as the world's fastest-growing major economy.

"We can call ourselves a developed economy, if it is an inclusive development for everyone," Radhakrishnan said at the Kautaliya Economic Conclave 2026 in New Delhi.

India's real GDP growth in the first quarter of fiscal year 2027 (FY27) stood at 7.8%, he said. But growth alone is not enough: its quality and inclusiveness will be central to India's journey towards becoming a developed economy.

"Our economic progress also received international recognition. The Japan Credit Rating Agency ...