The Indian Growth Story (1950 to 2014)

Over the last decade, India has demonstrated robust and resilient growth despite challenges like the Covid pandemic and geopolitical conflicts.

Here is an overview of India's growth experience since independence, the state of the economy in 2014, and the key drivers of growth from 2014 to 2030.

The Indian Growth Story (1950 to 2014)

Post-Independence Challenges (1950-1960)

  • India's share of world income reduced from 22.6% in 1700 to 3.8% in 1952.
  • Rapid industrialization in the 1950s with a decadal growth rate of 3.9%.

Challenges and Slowdown (1960s and 1970s)

  • 1960s faced challenges from wars, drought, and economic controls.
  • 1970s marked by devaluation, political instability, ....
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