Economic and Energy Indicators
Welcome to the website of Karandikars & Associates
India is today the fourth-largest economy in the world, with a GDP of approximately USD 4 trillion, and among the fastest-growing major economies. It is widely expected to become the third-largest economy by 2027–28
Energy lies at the core of this economic expansion. Multiple independent forecasts converge on a common conclusion: India’s total energy requirement over the next 20–25 years is expected to grow to two to three times current levels
India is no longer a marginal participant in the global economy or energy markets. It is increasingly a key influencer, with global stakeholders closely tracking India’s policy choices, growth trajectory, and energy transition pathway
The Government of India’s vision of Viksit Bharat (Developed India) 2047 aims to transform the country into a fully developed nation by the 100th anniversary of independence. Economic targets range between USD 30–40 trillion GDP by 2047, accompanied by a substantial rise in per-capita income to USD 15,000–18,000
India has also committed to achieving net-zero emissions by 2070, with interim 2030 goals that include: Reducing the carbon intensity of GDP by 45%, and Increasing non-fossil fuel power capacity to 50%
Achieving these objectives will require coordinated progress across renewable energy deployment, infrastructure development, energy efficiency, and policy implementation spanning transport, industry, agriculture, and urban systems
This website brings together key Indian and global economic and energy indicators, presented with clarity and context, to support understanding, analysis, and informed decision-making
Alongside structured indicator data, the site also provides regular updates on major developments through the What’s New section
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