Fortune India 40 Under 40 2026: Chirag Paswan says young entrepreneurs will steer India to a developed‑economy status

Fortune India unveiled its 40 Under 40 2026 roster, showcasing a cohort of Indian entrepreneurs and innovators who are under the age of forty and have demonstrated rapid growth in their sectors. The annual list, compiled through a combination of editorial assessment and peer nominations, aims to spotlight the next generation of business leaders shaping the country’s economic landscape.

Among the personalities featured, Member of Parliament Chirag Paswan addressed the gathering, asserting that the energy and vision of these young entrepreneurs are essential for India’s transition to a developed economy. He highlighted that their ventures span technology, manufacturing, renewable energy and services, sectors identified as critical for boosting productivity and export competitiveness.

Paswan’s remarks undersced the government’s broader agenda of fostering a startup-friendly ecosystem, including tax incentives, ease‑of‑doing‑business reforms and greater access to capital. Observers noted that the 40 Under 40 list reflects the growing contribution of youth‑led firms to GDP growth and job creation, reinforcing the narrative that India’s future prosperity hinges on nurturing home‑grown talent.

The ceremony, held in Mumbai, also featured remarks from Fortune India’s editorial team, who pointed to the list as a barometer of emerging trends and a source of inspiration for aspiring entrepreneurs across the nation.