India has become the fifth largest economy in the world and is rapidly moving towards its target of becoming a USD 5 trillion economy. The COVID-19 pandemic presented India with a unique opportunity to become a global manufacturing hub thereby attracting substantial foreign investment and position itself as a global sourcing market. To achieve its ambitious target of becoming a USD 5 trillion economy, India is adopting an “EDGE” strategy to create a competitive edge in the global economy.
Source BDO
