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Economic Ascendance of India - Growth Through Policies and Key Industries' Boom

Writer's picture: CUHK Quant Trading SocietyCUHK Quant Trading Society


India is poised to emerge as the fastest-growing economy among G-20 nations in 2024, projecting a robust growth rate of 7.5 percent, as stated by the World Bank. This exceptional performance can be attributed to several factors, including increased infrastructure spending, the government's emphasis on capital expenditure, and the pivotal role played by key industries such as manufacturing, Information Technology (IT), healthcare, and renewable energy.


Correspondingly, this report aims to delve into the various factors contributing to India's impressive economic expansion. It will provide an in-depth analysis of government policies and the significant influence of the manufacturing and IT sectors. It also highlights potential risks for investors. By examining these key elements, the report seeks to offer valuable insights into the drivers of India's economic growth.


It is important to note that this report represents the first part of our comprehensive analysis. In the coming month, we will release the second part, which will focus on the remaining two crucial industries. We aim to provide a comprehensive evaluation of India's economic landscape, offering valuable information to readers.

 

Read the full report by visiting the link below:


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