Demographical situation and macro stability were pointed out as key strengths for the country in this regard.
The estimates indicate that India will be an economy of worth USD 7 trillion by 2028. Currently, India’s GDP is around USD 2.3 trillion and stands at the fifth spot in the global market.
The report further quotes:
There are limits to one-off reforms. India needs to create an ecosystem of continuous change.
Eventually, India will continue to be a services oriented economy but needs to pay extra attention to manufacturing and farm sectors.
On a suggestive note, the report concludes that:
India needs to broaden its specialization beyond just IT in business and Cricket in sports if it wants to take the long run into gaining and holding positions.