As Indians head to the polls in a massive ongoing nationwide election, much attention has focused on the country’s explosive growth und

‘The next decade belongs to India’: Meet the winners of rising power’s economic boom

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2024-05-10 07:00:09

As Indians head to the polls in a massive ongoing nationwide election, much attention has focused on the country’s explosive growth under Prime Minister Narendra Modi’s leadership.

During his past decade in office, India’s fast-growing economy has become the world’s fifth largest as the country woos foreign investors and embarks on a massive infrastructure transformation, spending billions on new highways, ports, airports and railways.

While not everyone has benefited and income inequality has deepened — millions still live in sprawling slums and youth unemployment has soared — Modi and his Bharatiya Janata Party (BJP) are widely expected to win another five-year term and push forward that economic expansion.

That’s partly because many in the world’s most populous country, especially among the younger generation, share a common belief: India is on the rise.

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