โ โIndia has come out of the pandemic reasonably well, with GDP growth of 7.2% in fiscal year 2023 (ended March)โ
โ โIndia will be the fastest-growing economy in the G20โ
โ โA massive domestic market, along with gradually improving global competitiveness, is helping India draw foreign investmentโ
โ โThe macro challenge in the decade ahead will be to achieve sustained high, stable and inclusive growth, which has thus far been elusiveโ
โ โDeveloping countries will be watching as India tries to balance the goals of achieving high growth and reducing the carbon intensity of its economyโ
โ โA paramount test will be whether India can become the next big global manufacturing hubโ
โ โA booming domestic digital market could also fuel expansion in Indiaโs high-growth startup ecosystem in the decade aheadโ
โ โUrban infrastructure is still a challenge, leading to congestion and pollution in large citiesโ