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India’s real growth rate and the forecast

  • The World Bank projects India's economy to grow by 6.7 percent in the next fiscal year starting in April, slightly higher than the current fiscal year.
  • India is the world's fastest growing large economy, with China following at a projected growth of 4.5 percent this calendar year.
  • The services sector is expected to enjoy sustained expansion, supported by government initiatives to improve the business environment.
  • Investment growth is projected to be steady, with moderating public investment offset by rising private investment, according to the World Bank.
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