BLUF
A green transition, policy reforms and geopolitical positioning are all helping to push India forward. But India still faces various challenges to ensure its economic rise.Summary
KEY POINTS:
- Barriers to India's success involve underutilising its youthful population.
- Bureaucratic hurdles impede innovation and business startups.
- Despite obstacles, analysts see India's vast economic potential.
- Goldman Sachs forecasts that India will become the world's second-largest economy by 2075.