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McKinsey identifies 18 'Arenas' for India's economic growth
Big news for India's future: a new McKinsey report says Indian companies could see up to a $2 trillion revenue boost by 2030.
The study highlights 18 fast-growing sectors—from tech and e-commerce to urban development—that could help India nearly triple its current revenue and seriously up its game on the world economic stage.
Sectors identified by McKinsey
McKinsey breaks it down into "global arenas" like semiconductors, e-commerce, and data centers (which are growing at a speedy 26% each year), plus "national arenas" such as urban construction—important with city populations set to hit 600 million by 2030.
But they're clear: hitting these big numbers will take smart strategy, teamwork across industries, and supportive policies from the government.