India’s economy - Outlook and way forward | KPMG | CA

India’s economy - Outlook and way forward

India’s economy - Outlook and way forward

India is poised to grow rapidly as it evolves to become one of the largest global economies.

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In the times of recessionary pressures and a weak global economy, India is a relatively bright spot with its growth story continuing on an upward path owing to prompt government action and strong domestic fundamentals. The growth trajectory of the Indian economy is strong, with the overall growth rate pegged as among the fastest of the major economies, supported by various initiatives of the central and state governments.

This report provides insights into India’s economic outlook and future prospects. It outlines the plethora of government initiatives aimed at creating a conducive business environment, removal of bottlenecks and fostering inclusive economic growth in India.

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