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GDP boost: Barclays, Citi raise India’s growth closer to 7%
![IndiaTimes]()
Friday, 1 December 2023
India's economy outperformed expectations in the last quarter, leading economists to raise their full-year projections. Barclays and Citigroup have increased their estimates to 6.7% for the fiscal year ending in March. This optimism is based on the recent report showing a 7.6% growth in GDP in the three months to September, surpassing all estimates. The growth is driven by a manufacturing boom, government investment, and expansion of businesses.
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Friday, 1 December 2023
