Please note: this article is more than one year old. The views of our CIO team may have changed since it was published, and the data on which it was based may have been revised.
In our latest CIO Special, 'India: why it will be a USD 7 trillion economy by 2030', we look at the major structural shifts supporting future growth.
We highlight the following:
- India’s GDP is set to double over the next seven years, aided by several inherent demographic advantages and policy-led changes.
- The demographic dividend of a young population combined with a large middle class has been amplified by a slew of structural reforms.
- Physical and digital infrastructure, clean energy transition and rapid financialization are paving the way for high, sustainable growth.
- The country’s recent leapfrogging to a high level of digitization is already boosting productivity and efficiency in many ways.