GROWTH WITH GLOBAL IMPACT

From manufacturing to technology, India's rise is driving global markets and economic confidence

- By Arnab Basu Partner and Chief Industries Officer, PwC India

n the unfolding narrative of the 21st century, India stands at a pivotal juncture.

As the nation steadily advances towards the vision of Viksit Bharat, a developed nation by 2047, its economic scale, demographic vitality, and strategic policymaking are not merely shaping its own prospects but exerting a growing influence on global economic trajectories.

Once considered a peripheral participant in international commerce, India has now emerged as the fastest-growing major economy, growing at 7.4 per cent which carries discernible implications for global supply chains, manufacturing and design spends, cross-border investment flows, and aggregate demand dynamics worldwide.