In a recent interview, Bob Sternfels, the global managing partner at McKinsey & Co, stated that India is poised to take a leadership role in a multipolar world, especially in light of recent global disruptions such as the COVID-19 pandemic and the Russia-Ukraine conflict. He noted that India’s talent and entrepreneurial spirit provide a competitive edge as the country navigates new pathways in sectors like artificial intelligence (AI) and data centers. McKinsey’s research has identified 18 arenas of growth for India, which could potentially add $7 trillion to the country's economic output by 2040. Rajat Dhawan, the India managing partner at McKinsey, emphasized the importance of capital expenditure in sunrise sectors, including renewables and electric vehicles, to drive growth despite inflationary pressures. He advocated for fostering consumption and enhancing energy resilience by reducing import reliance. Dhawan also discussed the need for wage growth to sustain consumption, linking it to corporate profits. Sternfels highlighted the ongoing shift towards resilience in global trade and the importance of leveraging AI for innovation and job creation, urging India to focus on long-term growth rather than short-term valuations.