India’s economic output is projected to reach $9.82 trillion by 2035, according to a PwC report.

The report suggests that by targeting nine key growth areas, Indian businesses could unlock this level of gross value added (GVA), up from $3.39 trillion in 2023.

GVA, a measure of economic performance and productivity used to estimate GDP after accounting for taxes and subsidies, is central to the report’s analysis. It also introduces a new framework centred around critical aspects of life, how society lives, moves, cares, builds, and powers itself.

“India CEOs are already responding to these shifts. In PwC's 28th Annual Global CEO Survey: India perspective published in January 2025, 40% of India CEOs stated that their companies have entered at least one new sector in the past five years, with half of them generating up to 20% of their revenue from these new ventures,” said Sanjeev Krishan, Chairperson, PwC in India.

“But to sustain momentum and unlock full value, businesses must move beyond ad hoc diversification. A domain-led lens that goes beyond the sector-led approach provides a powerful way to reimagine capabilities, collaborate across ecosystems, and build future-ready business and revenue models,” he added.

India has emerged as one of the most income-equal countries globally, with a Gini Index of 25.5, according to the World Bank’s Spring 2025 Poverty and Equity Brief. This places India as the fourth most income-equal society in the world, trailing only the Slovak Republic (24.1), Slovenia (24.3), and Belarus (24.4).

India’s Gini ranking puts it ahead of major economies such as the United States, China, and other G7 and G20 nations in terms of income equality.

“India’s score is much lower than China’s 35.7 and far lower than the United States, which stands at 41.8. It is also more equal than every G7 and G20 country, many of which are considered advanced economies,” according to the Press Information Bureau release.

Furthermore, as per the Gini Index, India is classified under the “moderately low” inequality category, with a score between 25 and 30. Globally, only 30 countries fall within this range, many of which are European nations known for their robust welfare systems, such as Iceland, Norway, Finland, and Belgium.

This category also includes emerging economies like Poland and high-income nations like the United Arab Emirates, the Press Information Bureau noted.