What explain the economic development of India?

India's economic development is driven by a mix of factors, including economic liberalization, a large and youthful workforce, and a growing middle class. Since the 1991 economic reforms, India has shifted from a predominantly agrarian economy to a more diversified one, emphasizing services and technology. Additionally, foreign investment, infrastructure development, and digital innovation have played crucial roles in boosting economic growth. However, challenges such as income inequality, poverty, and regulatory hurdles remain significant obstacles to fully realizing its economic potential.