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MSME sector expected to drive growth of Indian economy
With the Indian economy projected to grow 8% from $3.6 trillion in 2023 to $4.9 trillion in 2027, micro, small, and medium Enterprises (MSMEs) are likely to be a major engine of that growth.
23 August 2023
Generative AI to transform India's economy, says McKinsey
The recent surge in generative AI technologies is set to affect India's economic landscape, with significant implications for various sectors.
01 August 2023
India to become world's second largest economy by 2075
A recent projection shows India could surpass the United States in GDP by 2075, which would make it the world’s second largest economy.
25 July 2023
India's national economy to grow by 7% in next 2 years
India’s economy is set to grow by 7% or more over the next two years if global uncertainties are resolved, according to Deloitte’s latest outlook on the country’s economy.
03 July 2023
Report: India's internet economy to hit $1 trillion by 2030
India’s digital economy is expecting a six-fold increase in growth in the near future, and is set to hit a value of $1 trillion by 2030.
06 June 2023
India’s CEOs more bullish on economy than global counterparts
Indian CEOs are more optimistic about their country's prospects than their global counterparts, with 57% expressing positivity compared to 29% worldwide.
05 March 2023
India's gig economy holds a potential of 90 million jobs, says BCG
Covid-19 has paved the way for a vibrant gig economy in India – home to potential employment for nearly 90 million people according to a new Boston Consulting Group study in collaboration with the Mi
19 April 2021
Deloitte India CEO N Venkatram on the state of India's economy
Speaking to ET Now, Deloitte’s India CEO N Venkatram stressed that India might well be on the road to economic recovery, pointing to the recent uptick in demand and the government’s latest land and l
26 October 2020
How India can become a $10 trillion economy by 2034
A new PwC report suggests that now is the time for India to comprehensively reinvent its economy in line with long-term needs and ambitions. All that’s required is a “full-potential mindset.
08 October 2020
McKinsey's Gautam Kumra on India's economic outlook
“Ruthless execution” is the need of the hour for India, be it in terms of rescuing the economy in the short term, or capitalising on global opportunities in the medium to long term.
30 June 2020
Economy to brace itself for tepid recovery after the summer
Following sharp, unprecedented decline of nearly 10% in real GDP in summer, India’s economy will see a tepid recovery in the next twelve months.
22 June 2020
Challenges to reopening India's complex economy
As the Indian government looks to ease lockdown restrictions, the challenge is not only to preserve public health but also to restart a fragmented economy, according to new McKinsey & Company analysi
25 May 2020
How India's economy will emerge from the Covid-19 crisis
Over the past decades, India – the world’s seventh largest economy – has been relatively immune to global recessions.
21 May 2020
Seven consultancies to help develop India's economic recovery plan
Invest India – a public-private partnership aimed at promoting investments across the Indian economy – has roped in a set of major consulting firms to devise a recovery strategy for after the Covid-1
08 May 2020
Family businesses are thriving in India's rapidly expanding economy
Rapidly increasing competitiveness in India’s business environment appears to be pushing the family business sector in the country towards more organised business segments.
01 July 2019
Public and private innovation are driving India's substantial digital economy
New analysis from global management consultancy McKinsey & Company has reinforced what many experts have been indicating in recent times, that India is amongst the largest digital economies in the wo
01 April 2019
KPMG India CEO elaborates on reforms required in the Indian economy
India is looking to become an attractive destination for foreign investment, and the major areas of potential improvement include corporate governance and responsibility, as well as measures to reduc
28 March 2019
New Zealand and India are set for greater economic collaboration
Speaking at a New Zealand India Trade Alliance meeting organised by global professional services PwC earlier this week, New Zealand’s Treasury Secretary Gabriel Makhlouf has indicated the country’s i
27 March 2019
Deloitte Global CEO comments on India's role in the global economy
In light of its rapidly growing economy, Big Four accounting and advisory firm Deloitte’s Global CEO Punit Renjen has indicated that India is the area of primary focus for Deloitte in the near future
06 March 2019
5G to take India's digital economy to $1 trillion by 2025
The digital revolution is well underway in India, driven by the advent and rapid adoption of 5G technology, according to a new report from global professional services firm Deloitte.
08 October 2018
Macroeconomic and global trends affecting India's ATM industry
A new report from global professional services firm PwC has revealed that the ATM industry in India has been a steadily lucrative one over the years.
23 July 2018
Artificial intelligence could be critical to India's economic advancement, says PwC
As robotics and automation seep deeper into every aspect of daily life in India and across the world, global professional services firm PwC argues that the phenomenon will drive India’s economic grow
28 May 2018
India's economy has bounced back after policy reforms, says Deloitte
Barring the manifestation of certain risks, global professional services firm Deloitte predicts a promising 2018 for India’s economy in light of positive indicators across the board.
02 May 2018
A.T. Kearney's India head elaborates on the country's economic scenario
Following the completion of 20 years of operating in India last year, A.T.
01 May 2018
India less threatened by debt than other asian economies, says Deloitte
According to a new report from global professional services firm Deloitte, the Asian economy is poised for stronger growth in 2018 than is broadly expected, although debt is a tangible threat to this
26 March 2018
A.T. Kearney boss Johan Aurik elaborates on India's economic outlook
As the world takes stock of the economic scenarios portrayed at the World Economic Forum at Davos early this year, a number of key insights emerged from leaders of the global business arena.
23 February 2018
Enhanced India and UAE cooperation would benefit both economies
The UAE may hold the key to India’s establishment as a leading world power and major emerging economy, writes Anuj Bugga, a Senior Managing Director at FTI Consulting in Mumbai.
29 January 2018
AI could contribute nearly $1 trillion to Indian economy by 2035
In light of rapidly developing Artificial Intelligence (AI) technologies, markets across the world are ramping up investment in the sector in order to fully capitalise.
03 January 2018
India to become world's 2nd largest economy by 2050, says PwC
India is set to be one of the world’s three fastest growing economies over the next three decades, en route to becoming the second largest economy in the world by 2050.
27 November 2017
Indian hotel industry sees economic fundamentals improve
At a little over 65%, hotels in India are currently at their highest level of occupancy since 2007, according to a report from hotel consultancy HVS.
30 October 2017
India set to drive Asia’s economic growth till 2050
India is on the verge of becoming the driver of the Asian economy over the next five decades or so, surpassing those of China and Japan, according to a new report.
02 October 2017
McKinsey & Company sees bright future for Indian economy
After India’s decade of average growth marred by bureaucratic and global economic pressures, the recent government stability, a will to push through reforms, and rapid urban development are all expected to lead Indian growth.
01 December 2014
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