India is well-positioned to emerge as one of the world's most powerful growth engines over the next two decades, driven by its leadership in information technology services, rapid digitalization, strong entrepreneurship, and favourable demographics, according to a recent EY report on India's long-term economic prospects. The report highlights India's status as the world's information technology and services hub, noting that the country has a unique opportunity to become the "office of the world" for global corporations. What began as a cost-arbitrage model has evolved into a high-value proposition, with India increasingly providing advanced digital engineering, consulting, product development and innovation-led services to multinational companies.