.png)
The Indian economy is bound to grow exponentially in the coming ten years. The growth will be driven by multiple factors, such as the rise in domestic market consumption, foreign investment, and global supply chain rearrangement, but the key responsibility for propelling India's economic rise will always rely on the strength of the domestic industry and corporate sector. India Inc. will need to up its game and take any challenges to India's rise head-on.
Cover by The Geostrata
Rich nations like those in the Arabian Peninsula only developed the biggest industry they had (the oil and gas industry) into an even gigantic industry, and though it proved to be quite profitable in the short term, these nations could not build other important industries essential for the economic sustenance of any country, and thus they became reliant on others for it. India needs to be conscious of these facts and have the drive to develop all industries with equal zeal and impetus. Realistically, India may need to prioritise the important sectors, but the goal of holistic industrial development should not be forgotten, because that's how a strong nation with a strong economy is made.
And with that intention, The Geostrata has launched its Industry and Innovation Centre (IIC). to cover, analyse, and recommend the prospects of Indian industries. IIC aims to be more than just an encyclopaedia for India Inc., but to provide research-based, realistic solutions and set India’s eyes on new horizons with new ideas.
In our first report, we dive into some of the most exciting industry sectors, some traditional and some new. These four sectors together hold the potential to strengthen our economy to its core and also to open new markets with ample opportunities.
To download the full report please click the button below -
For all official and academic purposes, use the following as a citation, which follows the Chicago Manual Style.
Anish Kale, Nandini Goyal, Vishudh Jain, Devasya Mitra, and Mandar Ransing.
“The Next Fantastic Four.” THE GEOSTRATA, January 9, 2023.
BY ANISH KALE, NANDINI GOYAL, VISHUDH JAIN, DEVASYA MITRA AND MANDAR RANSING
CENTRE FOR INDUSTRY AND INNOVATION, TEAM GEOSTRATA
The policy paper provides great insights on the 4 next big industries in India.