India’s manufacturing industry is taking giant strides; India’s IT services are dubbed the best in the world; the country is fast emerging as one of the most attractive investment destinations on the planet, and her thriving service sector is witnessing unprecedented demand. Today’s India’s economic strength and resilience can be attributed to her timely and corrective macroeconomic measures, prudent policy interventions, and her determined efforts at developing a conducive atmosphere for businesses. The International Monetary Fund, in its recent outlook, predicted an annual growth rate of 5.9% for India while keeping the global growth estimates at just 2.9%. The IMF has predicted a high-flying Indian performance in an otherwise discouraging outlook.

#IndianEconomy #IMF #GlobalEconomy

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