Boom times for India’s economy but opportunities remain uneven

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India's economy is experiencing a boom, driven by a shift in its services sector from low-cost back offices to centers focused on high-end technology and talent. These centers, employing white-collar workers in fields like IT, data analytics, and design, are attracting major international companies like Amazon and JPMorgan, who have established significant operations in Indian cities. The country now accounts for approximately one-fifth of the world's chip design engineers, supported by companies such as Qualcomm and MediaTek. This growth has propelled India to become the fastest-growing major economy since 2021. However, the article notes that these opportunities are not evenly distributed throughout the country.
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