Skip to Main Content
Access your saved content
The report is an annual review of India’s key macroeconomic and sectoral trends expected to shape the performance of public and private enterprise during 2014.
In the first half, the report explains how key macroeconomic variables such as inflation, the fiscal deficit, the trade deficit and rural consumption will continue to play an important role in shaping the nation’s growth trajectory during 2014. In the second, the report provides a crisp description of key trends shaping major industrial sectors.
The macroeconomic analysis unravels the interplay across a range of macro variables responsible for slowing the nation’s growth engine. Most importantly, it discusses how digital technologies, amongst other relevant tools, can be deployed by government agencies and businesses to enhance efficiency and productivity in such a challenging macroeconomic and business environment.
The report succinctly captures trends and opportunities across 16 sectors relevant to growth of public and private entities during 2014.
For last year’s edition of this report, please see “India in 2013: Will There Be a Quick Recovery?”
India currently finds itself burdened with high interest rates, high operating costs and low consumer and business confidence. The only silver lining to this cloud remains the consumption growth registered by India’s rural economy. These trends can surely be reversed. Importantly, both private as well as public sector businesses can grow in such a challenging environment through deployment of digital technologies, amongst other relevant instruments.
The key themes to be addressed during 2014 towards creating value with speed and quality are:
Providing a firm push to the national growth engine
Balancing the fiscal book with quality and speed
Surgically confronting inflation
Evolving a new business friendly trade dynamic
Taking cognizance of growth opportunities presented by fast-digitizing rural markets
Boosting business confidence
Raghav Narsalay is the lead in India for the Accenture Institute for High Performance. He is based in Mumbai, India.
Research Team: Accenture Institute for High Performance colleagues who contributed to the report:
February 4, 2014
Skip Footer Links