What could go right for India

Amidst challenges, India can thrive with transformative opportunities in AI, innovative batteries, nuclear fusion, and manufacturing growth, paving the way for sustainable prosperity

My recent essay on “grey rhino” events — predictable events that can trigger major crises — provoked many comments. Several commentators objected to my highlighting only downside surprises to India’s economic growth. Surely, they argued, there are external events that could accelerate, rather than stall India’s growth? On reflection, I realised that they are correct. Upside surprises are equally possible — these include generative artificial intelligence (AI) technology, innovative new battery chemistries, the development of commercial nuclear fusion, and increased manufacturing investment in India due to China risks. Each of these developments could have a significant positive impact on India’s