18-May-2024
Economy News
 
Goldman Sachs predicts this ‘favourable scenario’ for Indian economy by 2030
03-May-2024

India's services exports are likely climb to $900 billion- about 12.4 percent of its GDP, by 2030- Goldman Sachs said in what it called a "favourable scenario" of the economy. This will be driven by the emergence of Global Capability Centres (GCCs) while the current account deficit could also improve to average around 0.6% of GDP over the medium term, it said.

News Source:- https://www.hindustantimes.com/business/goldman-sachs-predicts-this-favourable-scenario-for-indian-economy-by-2030-101714638395044.html