India can grow at 9%, become $10 trillion economy

India is on the cusp of major change. PwC's landmark report titled 'Future of India – The Winning Leap' revealed the winning solutions required to lead the country to unprecedented economic growth coupled with radical improvements in the Human Development Index (HDI) over the next two decades. The report emphasises that to take the Winning Leap, a concerted effort from Corporate India, supported by a vibrant entrepreneurial ecosystem and a constructive partnership with the government will play a critical role. Up to 40% of India's USD 10 trillion economy of 2034 could be derived from new solutions. ''A young demographic, paired with a burgeoning middle-class that is digitally enabled; is a once in a lifetime opportunity for India to develop economically and socially,'' said Dennis Nally, chairman, PricewaterhouseCoopers International. ''India can only build shared prosperity for its 1.25 billion people by transforming the way the economy creates value. For India, to create 10-12 million jobs every year in the coming decades, corporations and entrepreneurs must work together to help deliver new solutions and build capabilities for growth.''