December 12, 2024 4:06 PM
Mark Mobius praises India’s 6-7% growth, cites strong infrastructure as key driver
India’s ability to manage inflation without compromising growth will be pivotal in attracting sustained foreign investments, renowned investor Mark Mobius said on Thursday. He added that from a macroeconomic perspective, a 6-7 percent growth rate in India is a good rate given the global average. Addressing an investor webinar organized by PL Capital-Prabhudas Lilladher, the veteran investor said the Indian economy grew a strong 5.4 percent in Q2 FY25, despite having a size of $4 trillion. ...
