India’s dream of becoming a developed nation by 2047 needs more than good intentions — it needs factories, jobs, and institutions that inspire real investor confidence. That was the core message from Senior Advocate Arvind Datar at the Bombay Chartered Accountants’ Society’s (BCAS) 78th Foundation Day conclave in Mumbai.
Arvind Datar: Manufacturing as the Growth Engine
Speaking at the event, Datar stressed that while services will remain important, building a strong manufacturing base is essential for self-reliance, sustainable growth, and genuine job creation. He called for policies that simplify doing business and give investors long-term confidence in India’s economic direction.
Four Hurdles on the Road to Viksit Bharat
In a fireside chat titled “Four Hurdles to Overcome for Viksit Bharat,” Datar argued that economic progress and democratic values can move forward together. He pointed to decentralisation, empowered local governance, regulatory certainty, and policy consistency as the pillars India must strengthen to accelerate its development goals.
| Key Highlight | Detail |
|---|---|
| Event | BCAS 78th Foundation Day Conclave |
| Location | Mumbai |
| Date | July 10, 2026 |
| Keynote Speaker | Arvind Datar, Senior Advocate, Supreme Court of India |
| Theme | Four Hurdles to Overcome for Viksit Bharat |
| New BCAS President | CA Kinjal Shah |
New Leadership Takes Charge
The conclave also marked a leadership transition at BCAS, one of the oldest professional accounting bodies supporting India’s financial ecosystem. CA Kinjal Shah took over as President, with CA Mandar Telang as Vice President, CA Mrinal Mehta as Treasurer, and CA Kinjal Bhuta and CA Samit Saraf as Joint Secretaries.
Shah reaffirmed BCAS’s commitment to knowledge-sharing, ethics, and building strong institutions, noting that professionals with transparency and accountability are key to supporting India’s growth story.
Why This Matters
With BCAS representing chartered accountants across 350+ cities, its Foundation Day isn’t just ceremonial — it’s a platform where policy, profession, and nation-building intersect. Datar’s remarks add weight to the growing consensus that India’s next growth phase depends on manufacturing muscle paired with institutional trust.
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FAQs
Q1. Who is BCAS’s new President?
CA Kinjal Shah has taken over as President of BCAS for its new term.
