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Briefing
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- Raising living standards – While India halved its poverty rate in almost two decades, most of population have yet to achieve acceptable living standards that include access to water, sanitation, energy and healthcare
- Sustainable urbanization – With 69 cities in India projected to have more than a million population each by 2025, proper urban planning can make cities more livable, providing opportunities for domestic and international businesses to sell goods and services
- Manufacturing – Much can still be done to invest in India’s businesses and create jobs, while enabling them to achieve scale and efficiency
- Advancing technologies – Twelve technologies including mobile Internet, cloud computing, automation, digital payments and digital identity verification can add up to a $1 trillion to annual GDP by 2025, increasing efficiency, transforming basic services such as education and healthcare, and creating decent paying jobs
- Gender inequality – Empower women which currently comprise 24% of the workforce compared to 40% globally can add $700 billion to the economy
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Accelerator
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Sector
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Government (excluding military), Industrial Manufacturing, Information Technology
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Organization
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McKinsey Global Institute
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Source
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Original Publication Date
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August 15, 2016
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