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The Economic Times
The Economic Times
National

ET World Leaders Forum: India set to be a growth market, but companies must up their game

India stands at a distinctive moment in its economic trajectory, with the scale, capabilities and global relevance to become one of the most consequential growth markets of the coming decade. With India projected to contribute roughly 20% of the world's economic growth over the next 15 years, the central question today for businesses is how to leverage the compounding advantages that India offers.

The India advantage today rests on seven structural strengths: a stable macroeconomic and political environment; a reform-oriented policy framework; a large and still underpenetrated consumer market; a deep and growing talent pool; a technology ecosystem competing at the frontier; a manufacturing base gaining relevance in global supply chains; and a widening trade architecture that is integrating India more deeply with global markets.

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