In the current rapidly evolving landscape, generative AI's technological advancements and geopolitical uncertainties have significant implications for the economy and growth. Amidst these challenges, India is mandated to drive innovation and secure sustainable growth.
Latest insights
Driving growth with Economy and Growth trends
- The Economic Times Vision Conclave on Viksit Bharat
- KPMG India seminar for Japanese clients
- Nation Building Is A Responsibility
- Earth Summit
- Nilachal Mishra
- Vivek Agarwal
Nilachal Mishra
Partner and Head, Government & Public Services (G&PS), National Leader - Government and Infrastructure
KPMG in India
A developed India by 2047 will be shaped by states that place people at the centre of their development agenda. Uttar Pradesh is demonstrating this through its long-term approach and the emphasis on shared progress. Inclusive growth is not just an outcome but the driver of the state’s 2047 vision. UP’s ambition is intentional and reflects the wider responsibility it carries, and its progress contributes directly to India’s broader journey towards Viksit Bharat.
Vivek Agarwal
Partner and Head - Public Infrastucture, Lead - Industrial and Infrastructure Development Advisory, Government and Public Services
KPMG in India
Uttar Pradesh’s push for future-ready infrastructure in transport, energy, and connectivity is directly aligned with its ambition of becoming a USD1 trillion economy by 2030. With the largest road network of over 8,400 kms, it's rapidly expanding its connectivity. It's also a power surplus state with focus on balancing the coal fleet modernisation with renewable energy generation.
With an aspiration to increase its share from 9% to 15% of national GDP, the state is well positioned to build a resilient, diversified, and globally competitive economy. The state is also actively working towards bridging the disparity across its many regions to be more inclusive and push broad based developments.
Japan and India have forged a relationship defined by mutual respect, forward looking ambition and a shared belief in the power of innovation. Japanese companies have contributed significantly to India’s growth, shaping industries, elevating quality standards and strengthening our global competitiveness. Our ambition is to expand this momentum by fostering deeper cooperation, creating new avenues for investment and technology exchange, and further strengthening the economic corridor between our two nations. By working collectively, we can unlock meaningful opportunities that support enduring growth and mutual prosperity.
Leaders are increasingly being judged by the impact they create on people, society, and the planet. We’ve seen many examples of this in India. Business leaders are driving large-scale skilling initiatives to prepare India’s youth for the future, investing in renewable energy to advance our net-zero ambitions, and creating platforms to support world-class art and cultural experiences.
Sidharth Ravishankar
Partner, C&O-FS
KPMG in India
Rural Finance & Credit Acceleration
Access to timely and well-priced credit is critical to propel the rural economy. Despite lender availability, structural challenges to borrower data, simplified processes, and last-mile delivery are limiting granular credit growth. With strong policy intent, alternative data points (household score, image-based patterns, satellite information), and digital infrastructure, we are well poised to make transformative changes to boost rural credit and consequentially accelerate the rural growth engine.
