Seema Kumar

India as a Driver of Global Growth

Reuben Abraham, Alyssa Ayres, Nisha Biswal, Ankur Jain, Mohit Joshi, Seema Kumar

Projected to become the world's third-largest economy within a decade, India is transitioning from a regional balancer to a leading global power driven by a unique demographic dividend and the rapid expansion of its "India Stack" digital infrastructure. Despite significant internal disparities and regulatory hurdles that currently limit foreign direct investment and female labor participation, the nation's IT sector and emerging consumer markets are generating substantial economic momentum. This strategic evolution is poised to redefine global economic narratives, with experts like Larry Summers identifying the rise of India alongside China as the defining historical event of the coming century.