India’s GDP growth to rise to 7.5%
December 9th, 2017
Indian economy is expected to witness cyclical growth recovery, with real GDP growth likely to accelerate from 6.4% to 7.5% in 2018 & to 7.7% in 2019, says a Morgan Stanley report. Firm is confident about prospects for a recovery in private capital spending as demand conditions are improving post demonetisation & GST. Pickup in Consumption & Exports is expected to improve corporate revenues.