CII Naoroji Godrej Centre of Manufacturing Excellence




News and Update

IMF retains India’s GDP forecast at 7.5%

13 Apr 2016

The International Monetary Fund (IMF) retains India’s GDP forecast for 2016-17 at 7.5%, confirming India’s status as the fastest growing major economy. Growth in India to be driven by private consumption, which has benefitted from lower energy prices and higher real incomes, as per WEO (World Economic Outlook) – the IMF’s flagship publication. 


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