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India 2050

The world’s biggest economy?

Ian Marcousé looks at how India could become the world’s largest economy

Bangalore, India

In early 2018 PricewaterhouseCoopers (PWC) published its latest edition of ‘The World in 2050’. This is its flagship publication, forecasting global economic changes, but also building a careful story about the importance of PWC in the world to come. This edition focused on India, following a widespread view that, in the very long term, India will become the world’s biggest economy. Figure 1 shows how tough a task that will be.

The case for India is simple:

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