Vol. 9, Issue 4, Part C (2023)

As India surges ahead on the path of recovery from the shocks of the past three years, the question being asked is will India make it? A valid question, no doubt, as we find advanced economies declare recession one by one and the ones that haven’t, grappling with economic chaos. As the nation with the largest population in the world and a large proportion of poor, but with a huge market and talent pool, along with a large labour force, India is set to become a growth engine of the world in the near future. It has shown great resilience at a time when growth rates of advanced nations, let alone those of poor countries, have dived. It has shown admirable immunity to the disturbances of the global community, despite being the most populous country in the world. Political leaders and corporate heads are seeking to learn from the ‘India model’. This is a golden opportunity for India to leverage its unique skills and assets and grow rapidly without losing its strong cultural identity, while at the same time enable its deprived populace to move out of poverty and turn into participants in its growth process. This paper will discuss some of the key growth engines of modern India that will enable it to achieve its objective- their potential and how they will give wings to a stronger and even more resilient India.