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Pre-Budget Survey 2024
India's US$5 trillion goal – Insights from business leaders
India's path to a US$5 trillion economy is paved with digital innovation, sustainable energy, and a thriving trade ecosystem. This year's Deloitte survey, with a 30 percent surge in respondents, reflects growing confidence in India's potential. Enhanced infrastructure, cost reductions, and proactive trade agreements are poised to unlock market access, attract investments, and empower businesses to navigate global challenges.
India is poised to fortify its position as a global hub for innovation and research. Government support for initiatives emphasizes the pivotal role of Research and Development (R&D), such as positioning the nation as a manufacturing stronghold and advancing the semiconductor industry. As leaders anticipate significant growth in the semiconductor industry, they expect a comprehensive, long-term policy framework from the government to attract investments.