India's next phase of growth must focus on per capita GDP: Report

India's economic growth has been remarkable, ascending to become the fifth largest economy globally, with projections to surpass Japan. Despite this progress, per capita income remains low, presenting an opportunity for future prosperity. A Llama Research report emphasizes leveraging manufacturing, digital formalization, and policy to achieve inclusive growth and realize the 'Viksit Bharat' vision, requiring sustained 8% growth.