The present paper aims to focus on the major developments India has gone through over the past few years and highlights the transformations in various sectors that make India and economic powerhouse among the various superpowers of the world. The paper is based on secondary data and covers the aspects of economic landscape, role of private companies, trade associations, inflation and employment of India along with the major Indian policies and initiatives taken by Indian government to place India in the top economic superpowers of the world in the coming years. The transforming India is leading to new developments and opportunities ahead and therefore making India a successful economy that will benefit the citizens of the country in the future.