India’s growth in FY24 is expected to cross 6.5 per cent on the back of robust domestic demand, and strong corporate and bank balance sheets, Confederation of Indian Industry (CII) President R Dinesh said. In an interview with Arup Roychoudhury, he said commitment to invest by the private sector in FY23 was nearly 80 per cent higher year-on-year and that bodes well for the current fiscal year. Excerpts:
The FY23 GDP growth projection has been quite encouraging. What is your outlook for FY24?
We are projecting FY24 GDP growth at 6.5-6.7 per cent. We believe 6.5 per cent will be