Good News For India, GDP Likely To Grow 7.5 To 8 Percent

Good News For India, GDP Likely To Grow 7.5 To 8 Percent

It is a good news for India, its people and most importantly, its economy. As per the latest trends, India’s GDP is most likely to grow to 7.5 to 8 percent. The reports have been shared by the president of CII TV Narendran.

However, he also said the country needs to remain prepared for any fallout due to a next possible wave of the COVID-19 pandemic, and the impact of the ongoing Russia-Ukraine war. “We are confident that the economy can retain a high growth trajectory this year. So, we are very optimistic on the export front. Exports will be a key component of India’s success story going forward,” Narendran said.

The President of the industry body said the resurgence of COVID-19 globally will have an impact on the global supply chain and CII’s India economic growth estimate of 7.5-8 percent in the current fiscal factors these developments.” The experience with COVID-19 shows that every time there is a fresh wave of the pandemic globally, it does hit India as well. Therefore, we must be prepared for the future waves,” he further said.

Story By- Saayak Karmakar, Resident Editor, Interview Times

Image Source- Google

Do you find this post useful?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Subscribe to our Newsletter

Leave a Comment