3min chapter

HSBC Global Viewpoint: Banking and Markets cover image

Under the Banyan Tree – New India: What does tech growth mean for jobs?

HSBC Global Viewpoint: Banking and Markets

CHAPTER

The Future of India: A Comparative Perspective

India is in a unique moment with new technology driving new India, says Pranjal Agrawal. The most important way to be different from some of the other emerging markets is its share of services in GDP,. That's likely to be high around 55 to 60% of GDP, one of the highest in the E.M. space. Indian companies have emerged as the most profitable companies in Asia," he adds.

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