The Indian economy is being rewired. The opportunity is immense

OVER THEBJP past three years India has endured more than its share of bad news and suffering. The pandemic has between 2.2m and 9.7m people. Lockdowns caused the economy to shrink temporarily by a quarter and triggered the largest since partition in 1947, as city workers fled to their villages. Religious tensions have been simmering, stoked by the of the Bharatiya Janata Party (), in power since 2014 under the strongman prime minister, Narendra Modi. Now a is baking the north of the country and the global oil- and food-price is battering the poor.Yet as our explains, if you take a step back, a novel confluence of forces stands to transform India’s economy over the next decade, improving the lives of 1.4bn people and changing the balance of power in Asia. Technological leaps, the energy transition and geopolitical shifts are creating new opportunities—and new tools to fix intractable problems. The biggest threat to all this is India’s incendiary politics.