This paper presents a Vision of a developed India in 2050. Two objectives drive this vision. One is fast catch-up growth that closes the gap with countries which were at the same stage of development as India in the 1960s & 1970s but have moved ahead since then. An understanding and utilization of global & domestic trends is critical to fast growth, which can be used by Indian government and its people to leapfrog to a better life. The second is equality of opportunity for every Indian citizen based on personal motivation & inherent capabilities. Equal access to quality education, skills, public goods, social and governance services is critical to both these objectives. Provision of social services to 1.6 billion Indians, at the quality available to 1.4 billion citizens of the Developed countries, is only possible in 30 years through comprehensive use of digital systems like e-governance, e-learning, tele-medicine, and artificial intelligence. AI driven expert systems like E-Kautilya, E-Chanakya, E-Manu will drive a transformation in governance. Expert systems like E-Acharya, E-Guru and E-Vaid will drive the transformation in education, skilling, and health services. We envision a Hybrid (Phygital) architecture which marries India’s vast human resources to a pervasive digital infrastructure to accelerate structural transformation and inclusive growth. Government will ensure the provision of hard & soft infrastructure to every habitation in India, develop a policy structure that creates competitive markets in which private entrepreneurs can innovate and thrive, and a welfare system that protects the weak & vulnerable while giving ample scope for civil society to provide a multiplicity of non-marketable services. The key policy & institutional reforms required are also discussed.