What will really define India?s economic growth trajectory; All you need to know
The Indian economy is undoubtedly undergoing a paradigm shift defined by changing global economic and political environment. Importantly, the economy is growing towards increased digitisation and automation, which is likely to have implications for the expanding population. To be clear, India?s place as an economic superpower in the next few decades has largely been premised on its huge ?demographic dividend?. In other words, the bulk of the expected increase in world population to 9.7 billion by 2050 will likely be centred in India and China, which currently are the world?s most populous nations.
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