India has conditions in place for an economic boom fuelled by investments in manufacturing. India will be the third-largest economy in the world by 2030. Morgan Stanley in a report affirmed India’s projection towards a big economy. Report titled ‘Why This Is India’s Decade’ looked at trends, policies shaping future of India’s economy. Demographics, digitalisation, decarbonisation and deglobalisation are favouring New India. India would drive a fifth of global growth through the end of 2023.
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