With China increasingly isolated and the US and its allies seeking a developing-market champion, India is having a moment. But is it ready?
The tailwinds are there. The $3.4 trillion economy is among the fastest growing globally, and India’s population became the largest in the world earlier this year.
In the first of a four-part video series from Bloomberg — Is This India’s Moment? — we look at whether India has what it takes to become an economic powerhouse. But behind the bullish population growth lies a serious youth unemployment problem, and for every billionaire there are still hundreds of thousands in poverty, unable to access the nascent consumer market that has multinational companies flocking to the country.
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