Kishan Reddy at Agrasar Bharat Manch on Viksit Bharat 2047
Synopsis
Union Coal and Mines Minister G. Kishan Reddy addressed the inaugural Agrasar Bharat Manch organised by KPMG India on October 23, outlining Investment, Industry, Innovation and Internationalisation as the four pillars driving India toward Viksit Bharat 2047, with energy security and critical mineral supply chains at the strategic core.
Key Takeaways
Kishan Reddy addressed the inaugural Agrasar Bharat Manch organised by KPMG India on October 23, 2026 .
He outlined a '4-I' framework — Investment, Industry, Innovation, and Internationalisation — as the drivers of India's next growth phase.
Energy security and critical mineral supply chains were highlighted as strategic priorities for the manufacturing and clean-energy sectors.
The forum builds on existing policy initiatives including Make in India (2014) , Atmanirbhar Bharat Abhiyan (2020) , and the National Mineral Policy update (2019) .
Reddy invoked the national goal of Viksit Bharat @ 2047 — developed-economy status at the centenary of India's independence.
India's roadmap to becoming a developed economy by 2047 got a sharp new framing on Friday, October 23 — four 'I's that will power the journey: Investment, Industry, Innovation, and Internationalisation. Union Coal and Mines Minister G. Kishan Reddy laid out that vision at the inaugural Agrasar Bharat Manch, a forum convened by KPMG India that brought together leaders from government, industry, and academia to map the opportunities shaping India's growth arc.
Four pillars, one destination: the '4-I' framework for Viksit Bharat
Reddy's framing of the four 'I's is more than a slogan — it is a structural argument. Investment and Industry speak to the unfinished agenda of attracting capital and deepening domestic manufacturing, work that began with Make in India in 2014 and was turbocharged by production-linked incentive schemes. Innovation and Internationalisation point to where India needs to travel next: up the value chain and into global supply chains as an originator, not just an assembler.
The minister stressed that the focus is on 'building a resilient, self-reliant and globally competitive India' — language that deliberately echoes the Atmanirbhar Bharat Abhiyan, launched in 2020, which set self-reliance across manufacturing and supply chains as a national priority under Prime Minister Narendra Modi.
Energy security and critical minerals: the strategic core
Of all the themes Reddy flagged, energy security and critical mineral supply chains carry the sharpest strategic edge. India's electronics, defence, and renewable energy sectors are heavily dependent on minerals — lithium, cobalt, rare earths — that the country does not yet produce at scale. The National Mineral Policy updated in 2019 attempted to unlock private investment in exploration, but the auction pipeline for critical mineral blocks remains closely watched by industry.
As the minister who holds the Coal and Mines portfolio, Reddy's presence at a growth forum signals that the ministry sees its mandate as broader than just coal — it is the gatekeeper for the raw-material foundation that advanced manufacturing and clean energy both require. Upcoming mineral block auctions and any new bilateral mineral cooperation agreements will tell whether the forum's ambitions translate into contracts.
Agrasar Bharat Manch: why a professional-services firm is hosting this conversation
KPMG India's decision to convene the Agrasar Bharat Manch — 'Agrasar' meaning 'moving forward' — as an inaugural, recurring forum reflects the private sector's deepening stake in shaping India's policy conversation. With government, industry, and academia in the same room, the event is designed as a cross-sector idea exchange, not a one-way briefing.
Reddy's closing call — 'let us turn opportunities into outcomes' — is the minister holding the forum's participants accountable. Viksit Bharat @ 2047 is a 21-year project. The inaugural edition of Agrasar Bharat Manch is, in a sense, its first annual progress review.
Point of View
As global competition for lithium and rare-earth supply chains is intensifying and India's mineral auction pipeline faces pressure to deliver. The Agrasar Bharat Manch, if it recurs, could become a useful barometer of how much distance exists between the government's growth narrative and on-the-ground policy execution.
NationPress
23 Oct 2026
Frequently Asked Questions
What is the Agrasar Bharat Manch?
Agrasar Bharat Manch is an inaugural forum organised by KPMG India to bring together government, industry and academic leaders to discuss the opportunities and strategies driving India's economic growth journey toward Viksit Bharat 2047.
What are the '4-I' pillars G. Kishan Reddy spoke about?
The four 'I's are Investment, Industry, Innovation, and Internationalisation — the framework Reddy outlined at the Agrasar Bharat Manch as the core drivers of India's next phase of growth.
What is Viksit Bharat 2047?
Viksit Bharat 2047 is India's national goal to achieve developed-economy status by the year 2047, which marks the centenary of the country's independence, pursued under the leadership of Prime Minister Narendra Modi.
Why is India focused on critical mineral supply chains?
India's electronics, defence and renewable energy sectors depend heavily on critical minerals such as lithium, cobalt and rare earths. Securing domestic production and diversified import sources reduces vulnerability in strategic industries and supports the broader Atmanirbhar Bharat self-reliance goal.
What is Kishan Reddy's ministerial role?
G. Kishan Reddy is India's Union Minister of Coal and Mines, overseeing national policy on coal, minerals and energy resources. He also serves as the BJP's Telangana state president.
