India on the Cusp of Becoming Global Economic Powerhouse: KP Singh

India on the Cusp of Becoming Global Economic Powerhouse: KP Singh

New Delhi, India - In an exclusive interview with Moneycontrol, KP Singh, Chairman Emeritus of DLF, the country's largest real estate developer, has expressed his confidence in India's rapid progress and its emergence as a global economic powerhouse. Singh believes that Prime Minister Narendra Modi plays a key role in shaping the country's image on a global level and is one of the four top leaders that matter at the world level, alongside US President Donald Trump, Russian President Vladimir Putin, and Chinese President Xi Jinping.

Singh attributes India's growing prosperity to a combination of good government policies, talented entrepreneurs, and workers. He notes that the World Bank and IMF have projected that India will become the third largest economy in the world after the United States and China within the next four years. This growth is driven by both short-term and long-term factors, as outlined by Singh.

Singh's comments come at a time when the country is investing heavily in urban infrastructure development to tackle issues such as pollution and toxic air. He emphasizes the need for drastic measures in master-planning, replacing "myopic thinking" with long-term planning, and creating surplus for better sustainable urban infrastructure planning.

The real estate sector has undergone significant transformations over the years, with DLF emerging as a leader under Singh's tenure. The company's commitment to green and sustainable practices has earned it numerous international awards. Singh advises young entrepreneurs to follow regulations, pay taxes, test their ideas in the market, and prioritize ethics and moral values.

While singh reflected on his own journey and legacy in the interview, he is proud of DLF's accomplishment in consolidating 1000 acres of land holdings among farmers over a period of time."