India in Modi's Second Term

India in Modi's Second Term

Overview

The Indian economy will continue to grow at a moderate pace under Prime Minister Narendra Modi’s second term (2019–2024). After the recent slowdown in growth, recovery is expected to be gradual due to some government reforms to boost the primary drivers of growth in India: private consumption and overall investment. However, persistent structural issues, such as inefficient labor laws, complex land regulation, and a weak financial sector, will prevent the economy from reaching its full potential. Executives should use this report to align on India’s medium-term economic outlook, the drivers behind its growth trajectory, and the impact of these drivers on their business. Finally, executives should use the report to design contingency plans based on low-likelihood but high-impact disruptors to growth projections.

What you will learn

  • The key trends businesses need to prepare for
  • How to defend against shifts in the political environment
  • Actions for multinationals to take to win in the region
What you will receive
  • Immediate access to the 34-page PDF report
  • Exclusive email updates covering emerging markets business topics


Executive Summary
How to Use This Report
The Indian Economy in Context
India is Gathering Executive Attention6
India in Modi's First Term7
Medium-Term Outlook and Drivers of the Economy8
India in Modi's Second Term9
Drivers of India's Medium-Term Outlook10
Consumption-Led Growth11
Consumption-Led: Rising Household Incomes12
Consumption-Led: Increasing Digital Connectivity13
Persistent Structural Inefficiencies14
Structural Inefficiency: Labor Market Challenges15
Structural Inefficiency: Land-Acquisition Constraints16
Structural Inefficiency: Financial Sector Weakness17-18
Structural Inefficiency: Persistently Large Fiscal Deficit19
Requisite Government Action20
Government Action: Push for Infrastructure21
Government Action: Operating Environment22
The Indian Economy in Context5
India is Gathering Executive Attention6
India in Modi's First Term7
Medium-Term Outlook and Drivers of the Economy8
India in Modi's Second Term9
Drivers of India's Medium-Term Outlook10
Consumption-Led Growth11
Consumption-Led: Rising Household Incomes12
Consumption-Led: Increasing Digital Connectivity13
Persistent Structural Inefficiencies14
Structural Inefficiency: Labor Market Challenges15
Structural Inefficiency: Land-Acquisition Constraints16
Structural Inefficiency: Financial Sector Weakness17-18
Structural Inefficiency: Persistently Large Fiscal Deficit19
Requisite Government Action20
Government Action: Push for Infrastructure21
Government Action: Operating Environment22
Implications for Business23
Business Impacts of India's Growth Drivers24
Business Implications for B2C Companies25
Business Implications for B2B Companies26
Business Implications for B2G Companies27
Medium-Term Scenarios for India's Growth28
India 2023 Scenarios29
India 2023: Growth Scenarios Overview30
Base-Case Scenario31
Downside Scenario32
Upside Scenario33
About DuckerFrontier34

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