India can build $10-trn economy by 2034


New Delhi : India has an opportunity to build a $10 trillion economy over two decades with a GDP growth of 9 per cent per annum, as per PwC’s latest report titled ‘Future of India – The Winning Leap’ launched on Monday. The report revealed the winning solutions required to lead India to
unprecedented economic growth coupled with radical improvements in the Human Development Index (HDI) over the next two decades. The report analyses that up to 40 per cent of India’s $10 trillion economy of 2034 could be derived from new solutions. The study stresses that ‘The Winning Leap’ should not be limited to a new approach or solution but rather needs to be seen as a ‘play-to-win’ mind set shift for industry leaders and the country overall. According to the report, if each sector of the Indian economy executes solutions, it will expand fivefold and can achieve 9-10 per cent sustained economic growth over the next 20 years in a resource efficient manner.

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