Please see below selected recent intelligence about India. This is a synthesis of major recent developments at corporates, business schools, thinktanks, media, commentators, and other key influencers.
- Real GDP growth in India accelerated to 7.9% year on year in January-March, the fourth quarter of fiscal year 2015-16, according to data released by the Central Statistical Office. In 2015-16 GDP grew by 7.6% on an expenditure basis, up from 7.2% in the previous year. Although the latest statistics show robust growth momentum, scepticism over underlying growth components - particularly manufacturing - continues. Still, the Economist Intelligence Unit expects the rate of economic expansion to accelerate in India in 2016-17, thanks to rising private consumption.