CII President predicts India to be the 3rd largest economy with 8% GDP growth, due to favorable monsoon, agriculture, food, and global trade.
CII President Sanjiv Puri predicts that India will become the third-largest economy globally within the next few years, with a projected GDP growth of 8% this year. Positive factors include better-than-expected monsoon, improved agricultural output, moderated food inflation, and growth in global trade (expected to grow by 2%).
June 16, 2024
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