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Tomorrowland

Can India become the de-risking champion multinationals are looking for?



Editorial Rating

8

Qualities

  • Eye Opening
  • Overview
  • Background

Recommendation

Experts forecast that, by 2030, India’s GDP will reach $7 trillion, overtaking Japan as the globe’s third largest economic engine. Multinationals currently view India though two distinct lenses: The first as a growth portal for commerce with a surging middle class, and the second as a strategic supply chain conduit. Journalist Luke Patey explores the nation’s ascent as a power player in the global economy in this informative overview. Investors, executives and entrepreneurs will find this a useful analysis of India’s current economic status and likely future trajectory.

Take-Aways

  • India’s population expansion and a forecasted middle-class boom fuel its economic growth.
  • US companies are entering India to seize market growth opportunities and mitigate supply chain risk.
  • Despite India’s economic potential, headwinds could threaten long-term growth.

About the Author

Luke Patey is a senior researcher at the Danish Institute for International Studies and lead senior research fellow at Oxford University’s Institute for Energy Studies.


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