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
- 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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