A recent report by PwC India forecasts that India’s Gross Value Added (GVA) could soar to $9.82 trillion by 2035. This optimistic projection is attributed to a strategic shift towards fulfilling essential human and industrial needs across nine key growth domains. The report highlights the potential for Indian companies to achieve this ambitious target through enhanced inter-sector cooperation and a concentrated focus on critical areas such as societal living, movement, and healthcare.

The report emphasizes the importance of collaboration between different sectors to drive economic growth. By breaking down traditional barriers and fostering partnerships, businesses can innovate and adapt more effectively to the rapidly changing market landscape. This approach not only enhances efficiency but also opens up new opportunities for expansion into emerging sectors.

Indian business leaders are increasingly recognizing the need to adapt their strategies in response to evolving market demands. Many are venturing into new sectors, leveraging their expertise and resources to capitalize on growth opportunities. This proactive approach is crucial for maintaining competitiveness in a global economy that is constantly evolving.

The focus on societal living, movement, and healthcare reflects a broader trend towards addressing fundamental human needs. By prioritizing these areas, Indian companies can contribute to improving the quality of life for millions of people while simultaneously driving economic growth. This dual focus on social impact and economic development is a key factor in achieving the projected GVA target.

Overall, the PwC India report paints a promising picture of India’s economic future. By embracing innovation, collaboration, and a focus on core human needs, Indian businesses have the potential to significantly boost the country’s GVA over the next decade.