India’s digital future

Resource published October 12, 2017

Country’s drive toward digitization may put it on track to be the world's fastest growing economy

India was already on a path to growth, but the country’s drive toward digitization may put it on track to be the world’s fastest growing economy over the next decade. Buoyed by demographics, reforms and globalization, India was already on its way to growing at a brisk pace over the next decade. Now, a new report from Morgan Stanley Research finds that two major initiatives—digitizing its predominantly cash-based economy and reforming its archaic tax system—have the potential to amplify India’s expansion, making it one of the world’s fastest-growing large economies over the next 10 years.

View Resource on MorganStanley.com