India Poised to Become Global Growth Engine and 'Office of the World' Driven by Demographics and IT
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India Poised to Become Global Growth Engine and 'Office of the World' Driven by Demographics and IT

India is projected to become the 'office of the world' and a major global growth engine over the next two decades, according to an EY report. This growth will be driven by its young workforce, rising incomes, IT services leadership, digitalization, and strong entrepreneurship. India's digital public infrastructure is a key factor, reducing business costs and enhancing transparency. The report also highlights the need to address the credit gap through accelerated credit growth and a developed corporate bond market to sustain consumption and investment.

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