The BGA India Team, led by Managing Director Ratan Shrivastava, wrote an update to clients on India’s evolving economic prospects. The update examined the context for the development, its significance as well as implications for businesses. Context The Indian economy experienced an extraordinary economic recovery in the first quarter of fiscal 2021-22. During this period, which began April 1, gross domestic product (GDP) grew at a record high of 20.1 percent, compared to a contraction of 24.4 … Continue Reading
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