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India economic growth remains strong

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Staff Writer | June 21, 2017
The Sales Managers’ Index reflects rapid growth in the Indian economy, and remains close to its all-time high level.
India workers
Asia   The Indian economy continues to race ahead
Business confidence, although down somewhat on the extremely high levels reached in 2015, is still reflecting very buoyant "animal spirits ", and is very high indeed compared with confidence in all other countries currently measured by World Economics.

The Jobs market has rebounded close to its very high pre-demonetization level and reflects the rapid growth indicated by the SMI Market and Sales Indexes.

The Indian economy continues to race ahead, although the shock of de-monetisation hasn't completely worn off and remains visible in the continuing rapid rise in prices.


 

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