Before we look ahead to 2021, let us pause and look at the current year. Corporate numbers were a positive surprise. If we consider Q1 and the monthly performance thereafter, we saw a steady improvement on all parameters. Particularly noticeable was the top line of corporate India broadly recovering to pre-Covid levels and the remarkable improvement in absolute EBITDA numbers and margin. Similarly, GDP numbers were a positive surprise coming in much better than the expectations, indicating that we are most likely to be in a V-shaped recovery, giving us plenty to do in 2021.
What will drive growth in 2021
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