Indian Economic Growth Rides High in February


 
The Indian economy continues to grow rapidly. The Business Confidence Index shows "animal spirits", the essential ingredient in economic growth, to be burgeoning, and almost at a 4 year high. The likelihood of fast GDP growth over the first half of 2024 is now high.


The Market and Sales Growth Indexes, both indicate robust growth across a wide spectrum of sectors.

The Jobs Index suggests that the caution evident for many months in relation to recruitment activity has now evaporated, and businesses across a broad industry base are once again investing in people.

The all inclusive Sales Managers Index is consequently also reflecting strong growth, and is at a 47 month high.

Very good news for Indian business and investors in India.

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