The “Viksit Bharat 2047” initiative, championed by Prime Minister Shri Narendra Modi, outlines a transformative vision for India to become a fully developed nation by its centenary of independence in 2047. This research delves into the strategic framework of Viksit Bharat, focusing on its core pillars: Empowered Indians, a Thriving and Sustainable Economy, Innovation in Science and Technology, Good Governance, and India’s Role in the Global Arena. The study emphasizes the necessity of inclusive economic participation, innovation, and human capital development as key drivers of this ambitious vision. By examining government policies, legislative frameworks, and strategic initiatives, the research highlights the challenges and opportunities that lie ahead for India. These include addressing economic disparities, enhancing infrastructure, promoting sustainable practices, and ensuring transparent governance. The role of digital transformation, particularly under the Digital India initiative, is also explored as a catalyst for growth and inclusion. The research further underscores the importance of public-private collaboration in achieving the vision of Viksit Bharat. Through a comprehensive analysis, this study aims to provide a roadmap for policymakers, stakeholders, and scholars to navigate the complex landscape of India’s development journey towards 2047.