India is a global bright spot with a strong desire to grow even more, Prime Minister Narendra Modi said on Sunday as he shared on social media a recent Capital Group report which stated that the country is poised for a period of secular growth, fuelled by significant expansion in direct and fixed asset investment.
Sharing the report on Twitter, Modi said, “Youngsters and entrepreneurs will find these 9 points interesting.” “And yes, India is a global bright spot with a strong desire to grow even more!” he said. The Capital Group, in a recent report, said India is poised to rise among emerging markets in this decade.
The country has had political stability over the last 10 years allowing economic development to be a top priority. “While political instability and market volatility may increase in advance of general elections next year, we believe that India is poised for a period of secular growth, fueled by significant expansion in direct and fixed asset investment,” the Capital Group said