Prabhudas Lilladher's report predicts 8.2% FY24 GDP growth for India, driven by infrastructure development and NDA government's capex-led growth strategy.
Prabhudas Lilladher's report predicts a positive trajectory for India's economy, driven by infrastructure development and focusing on sectors including PLI, roads, ports, aviation, defense, railways, and green energy. The NDA government aims for capex-led growth, with lower fiscal deficit in FY24 and a Rs 2.1 trillion dividend from RBI. The report projects India's GDP growth at 8.2% for FY24 and sees investment potential in sectors like auto, banks, capital goods, defense, hospitals, pharma, cement, aviation, and discretionary consumption.
June 15, 2024
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