'High degree of optimism, but...': Here's what is ailing the Indian economy, according to CII president R. Dinesh
==========
R. Dinesh, President of the Confederation of Indian Industry (CII) and Chairman of TVS Supply Chain Solutions, expresses optimism about the state of the Indian economy. He acknowledges that while there are geopolitical uncertainties and issues, India's strong economic base justifies the optimism. However, he notes that India has experienced a K-shaped recovery post-pandemic, with some sectors performing well and others struggling. Dinesh highlights concerns about the European and UK markets and their potential impact on the Indian economy. He expects lagging sectors like IT to recover in 2-3 quarters, but sees opportunities in the services sector.
#IndianEconomy #Optimism #Cii #RDinesh #Recovery #Sectors #ServicesSector
https://www.businesstoday.in/india/story/high-degree-of-optimism-but-heres-what-is-ailing-the-indian-economy-according-to-cii-president-r-dinesh-425153-2024-04-11
Business Today /
npub10k…ffpj8
2024-04-11 11:59:13
Author Public Key
npub10krv5xyz57fwv0upm7fgx90w8m2xulqkzzxml2d9d433rwrlmwpsyffpj8Published at
2024-04-11 11:59:13Event JSON
{
"id": "ab576865e3f83bedd79cf29ced5b70ca71e0532cd07e0b544eb17666b76fb684",
"pubkey": "7d86ca1882a792e63f81df928315ee3ed46e7c16108dbfa9a56d6311b87fdb83",
"created_at": 1712836753,
"kind": 1,
"tags": [],
"content": "'High degree of optimism, but...': Here's what is ailing the Indian economy, according to CII president R. Dinesh\n==========\n\nR. Dinesh, President of the Confederation of Indian Industry (CII) and Chairman of TVS Supply Chain Solutions, expresses optimism about the state of the Indian economy. He acknowledges that while there are geopolitical uncertainties and issues, India's strong economic base justifies the optimism. However, he notes that India has experienced a K-shaped recovery post-pandemic, with some sectors performing well and others struggling. Dinesh highlights concerns about the European and UK markets and their potential impact on the Indian economy. He expects lagging sectors like IT to recover in 2-3 quarters, but sees opportunities in the services sector.\n\n#IndianEconomy #Optimism #Cii #RDinesh #Recovery #Sectors #ServicesSector\n\nhttps://www.businesstoday.in/india/story/high-degree-of-optimism-but-heres-what-is-ailing-the-indian-economy-according-to-cii-president-r-dinesh-425153-2024-04-11",
"sig": "8299077d349f80c5bd949e160b928b2d65497ec26c5b507a5171e4b071aa4a57765a9e60554da8b292a5f65075143287b611c1427aff5c7abc19433328b28217"
}