REASON 01

One of the world's fastest-growing economies

  • India to remain one of the fastest-growing economies in the world.
    Source: International Monetary Fund
  • For the first time, India has crossed the $70 Bn mark in FY 2019-20 and recorded total FDI inflow of  $73.45 Bn. 
    Source: Department of Promotion of Industry and Internal Trade, Govt. of India
  • Leading investors ranked India as the most attractive market. 
    Source: EY Emerging Markets Centre
Indian to be the third largest economy

REASON 02

Largest youth population in the world

  • The population of India is expected to rise from 121.1 cr to 152.2 cr during 2011-36.
    Source: National Commission on Population, Ministry of Health & Family Welfare
  • India to be the largest supplier of university graduates in the world by 2020.
    Source: British Council
  • India has the third largest group of scientists and technicians in the world.
    Source: All India Management Association & The Boston Consulting Group
World's largest youth population

REASON 03

Indian infrastructure story

  • Over the next three decades, more than 350 mn Indians will move into cities.
    Source: McKinsey Global Institute
  • Over the next two decades, more than $1.5 tn investments have been planned for infrastructure.
    Source: Press Information Bureau, Government of India
  • Investments planned across the key government initiatives in various sectors:
    o Highways (Bharatmala & NHDP)  - $106.5 bn
    o Railways - $131.7 bn
    Ports - $61.5 bn (Port development) + $123 bn (Port-led
       Industrialisation)

    o Airports - $58 bn
    o Industrial Corridors - $100 bn (DMIC - phase I)
    o Smart Cities - $14.6 bn
    Source: Government of India
India Infrastructure

REASON 04

Rising economic influence

  • Centre of global maritime trade to move from the Pacific to the Indian Ocean Region. India and China will be the largest manufacturing hubs of the world by 2030. 
    Source: Lloyd’s Register Marine & University of Strathclyde, Glasgow
  • Connectivity to Central Asia and Europe via the International North-South Transport Corridor (INSTC). 
    Source: Press Information Bureau, Government of India
  • In the next five years, India to have greater economic influence across the Asia-Pacific Region. 
    Source: Baker McKenzie & Mergermarket Group
Indian Economy

REASON 05

Huge domestic market

  • Rising affluence is the biggest driver of increasing consumption in India.
    Source: Boston Consulting Group
  • India’s consumer story will be led by its 129 mn urban mass consumers.
    Source: Goldman Sachs Group
  • Private consumption to be four times by 2025.
    Source: McKinsey Global Institute
Domestic Demand India

REASON 06

Rising global competitiveness

  • India jumps 79 positions from 142nd (2014) to 63rd (2019) in 'World Bank's Ease of Doing Business Ranking 2020'.
    Source: World Bank
  • India ranks 68th on the Global Competitiveness Index 2018-19. 
    Source: World Economic Forum
  • 95% of 1.2 billion Indians are covered under Aadhar Scheme, one of the world’s largest social security program. 
    Source: Press Information Bureau, Government of India
  • Pradhan Mantri Jan Dhan Yojana, a formalization of savings scheme under which 312 mn bank accounts have been opened with savings amounting to $11.6 bn. 
    Source: Ministry of Finance, Government of India
  • Goods and Services Tax (GST), the biggest tax reforms since independence, paves way for a common national market by integrating various indirect taxes.
    Source: Government of India
Global Competitive Index

REASON 07

Global Innovation Index 2020

  • India jumps 4 positions and ranks 48th in the Global Innovation Index 2020 rankings
    Source: World Intellectual Property Organization
  • India ranks #1 in the Central & Southern Asia Region
    Source: World Intellectual Property Organization
  • India ranks 3rd amongst the Lower Middle-Income Economy Group 
    Source: World Intellectual Property Organization
Global Innovation Index 2020