India’s vision to emerge as a developed nation by 2047, as envisioned under the frameworks of Viksit Bharat and Atmanirbhar Bharat, calls for a paradigm shift that integrates economic development with environmental responsibility and social inclusivity. In this context, circular entrepreneurship emerges as a strategic enabler that aligns sustainability with innovation and self-reliance. This paper explores the synergistic relationship between circular economy principles and India’s broader developmental aspirations. By leveraging entrepreneurial ventures that prioritize waste reduction, resource regeneration, and closed-loop systems, circular entrepreneurship holds the potential to not only mitigate environmental degradation but also stimulate job creation, technological advancement, and localized economic growth. Through an extensive review of literature and policy frameworks, the study highlights how research-driven innovation, favorable government schemes, and an evolving ecosystem of sustainable business models are collectively fostering a transition toward a regenerative economy. It also delves into sector-specific applications, such as agriculture, energy, and healthcare, showcasing how circular entrepreneurship can bridge economic opportunity with ecological resilience. Furthermore, the paper critically examines key barriers—including limited access to finance, inadequate awareness, and policy gaps—that hinder the scalability of circular ventures in India. The study concludes with strategic recommendations for creating a conducive ecosystem that empowers entrepreneurs, encourages collaboration, and accelerates India’s journey toward an inclusive, resilient, and sustainable future by 2047.