Is India the world's next economic superpower?
Geopolitical Economy Report
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India's Economic Dilemmas: Manufacturing vs. Services
This chapter critically examines India's economic potential as a global superpower, focusing on the declining role of manufacturing in its GDP despite overall growth. It explores the implications of prioritizing the service sector over industrial development, highlighting job creation disparities and the need for inclusive economic policies. The discussion also reflects on India's reliance on foreign investment and technology, emphasizing the risks to economic sovereignty and internal market growth.
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