BCG Highlights Cost, Scale, and Resilience as Key for Indian Business Competitiveness at Davos

At the World Economic Forum Annual Meeting in Davos, BCG India Head Rahul Jain emphasized that Indian businesses must enhance competitiveness by combining cost efficiency, scale, and resilience. He highlighted India's potential to become the world's third-largest economy by 2030, possibly as early as 2028, contingent on expanding the manufacturing sector from 15-17% to over 20% of GDP. Investments in sectors like clean energy, electronics, and semiconductors are driving new growth, while geopolitical factors are increasingly influencing trade and value chains.