With the exit polls indicating BJP’s return to power, India Inc is betting on policy continuity across sectors. Industry leaders and economists said that while India’s economy is projected to grow at 6.8 per cent in FY25, surpassing other major global economies, all eyes are on the new government that will give further impetus to the current growth momentum. A potential third term for the NDA government would ensure continuity in India’s socio-political and economic landscape. The country’s anticipated GDP growth from $3.5 trillion to $7 trillion by 2030 can be sustained without significant changes in circumstances.
Industry and economic experts believe that the sustained economic expansion will enhance India’s appeal to global corporations, firmly establishing its position as a prominent hub for launching Global Capability Centres (GCC) and manufacturing facilities.
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From: financialexpress
Financial News