When India appoints GDP of $ 30 trillion by 2047, the question remains: Where will this growth come from? in Bt India@100 summit On August 8, Duan Raja, a large partner at MCKINSEY & Compa, placed a road map focusing on 18 “growth arenas” – the interconnected sunrise sectors that can spend India’s share in creating global value from 1 % to 10 % over the next two decades.
“These 18 squares can lead a third of global GDP growth and up to 80 % of global profit pools,” Duan said, adding that India has a real shot to convert its economic path – if it works decisively.
Among the prominent sectors that he identified are electrical mobility, semiconductors, urban constructions, services that support artificial intelligence, and vital goal. Taking into account the electrical mobility as an example, DHAWAN has noticed the driving of India in two wheels and three wheels, requirements for the expected batteries 20x, and ripples via recycling and storing batteries.
He stressed the importance of the shift from thinking about the traditional sector to the “squares” that were cut through value chains – for example, combining mining, battery technology, electric cars, and recycling to one growth ecosystem.
On the local front, sectors such as urban construction and e -commerce of chi growth are prepared. “20 % of consumption in India is already going to housing and infrastructure,” Duan said, indicating that the country may need to consider the construction of the new Green Green cities completely – closer to the civilization model in China.
The conversation also turned into the digital batch of India. With more than 800 million Internet users, but only 25 % penetration in e -commerce, Dhawan sees B2B trade, data centers, cloud infrastructure, and cybersecurity huge opportunities. He added: “This is one space that we must aim for for global leadership.”
Even amid global trade tensions and the recent tariffs of the 50 % of the United States on Indian goods, Dhawan remained optimistic: “Even in the worst scenario of cases, the effect will be 0.2 % of GDP. The biggest question is: How do we build competitiveness and win globally in tomorrow arenas?”
When he was asked what it raises more than the Indian economy, Duan pointed to his entrepreneurial spirit and bold ambition, especially in the starting ecosystem. From space and defense to biological ethanol, specialized chemicals, and biology, Indian startups now pay the borders in the areas that have been previously ignored.
He urged companies to think globally, not just local. He said: “If we stay in India’s mentality to India, we risk repeating the past fifteen years. Our participation in creating global value must rise to 10 %.”
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