Tapan Singhel and Daniel Murphy
April 16, 2026
This video is part of: Centre for Financial and Monetary Systems
Many emerging economies have grown by building factories. India is taking a different route. Already a global leader in services including coding, legal work, and telemedicine, tradable services now make up nearly 10% of its GDP. To sustain this growth, India must keep investing in healthcare, education, and skills, says former central bank governor @Raghuram-Rajan. #India is forecast to become the world's third-largest economy in the next few years.
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Tapan Singhel and Daniel Murphy
April 16, 2026