According to experts, the country emerged as a standout performer and is poised to become the third-largest economy in this decade. The agencies are upbeat about the India growth story
Prominent figures such as Deepak Parekh, Narayana Murthy, Uday Kotak, and Kiran Mazumdar, among others, expressed their unwavering optimism about India s trajectory and future prospects.
Bullish on India: In an interview with CNBC-TV18, the USISPF chairman reiterated his belief that the country is on course to becoming the world s number one economy, citing its burgeoning youth population, with an average age under 26, as a valuable resource for innovation and job creation.
India s inclusion in the JPM index will lead to higher bond flows, leaving space for more private capex, the senior economist added in her stance on India in 2024
This massive increase in India’s GDP would be possible because of manufacturing contributions rising from 17 percent to almost 25 percent paired with exports doubling to more than one trillion dollars, James Sullivan said.