India is poised to maximise its opportunities in the global trade even as it has made notable progress in enhancing its competitiveness and making the country's

sector more attractive to

, an

said on Monday.

The report, titled 'India Forward: Transformative Perspectives', noted that India can push for accelerated manufacturing and greater global supply-chain integration as economies adapt to evolving trade dynamics and tariff challenges.

Energy sector transitionTo push for growth in the energy sector, India is also focusing on alternative energy sources to create a cleaner, self-reliant transport future. Adoption of biofuels is a part of this push, the report stated.

Biofuels offer a triple-win solution to the country’s growing need for sustainable energy sources amid rising environmental concerns. Besides, recent regulatory changes present an opportunity as India looks to enhance crude oil exploration and development to achieve self-sufficiency.

Highlighting the progress India has made over the years, the report noted the country has grown visibly in size, scale and international impact over the past three decades and is on track to become the world’s third-largest economy by fiscal 2030-31.