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Why this is India's decade

From being the 'office to the world', India is set to become its factory too

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Ridham Desai
India is set to become the world’s third-largest economy and stock market by the end of this decade. As a consequence, the country is gaining power in the world economy, and these idiosyncratic changes imply a once-in-a-generation shift and an opportunity for investors and companies. We estimate this New India will drive a fifth of the global growth by 2031, led by a combination of offshoring, unique digital infrastructure, and energy transition.
 
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Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Nov 29 2022 | 10:44 PM IST

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