UBS forecasts India’s GDP growth rate at 9.5% for FY12
swiss brokerage firm, UBS Securities India’s real GDP growth forecast for 2021-22 has been revised 9.5 percent From 8.5 percent previously estimated. The upward revision has been attributed to a faster-than-expected recovery, rising consumer confidence and the resulting spending spike.
UBS Securities has projected the following GDP growth rate for India for various years:
For 2021-22 (FY22) = 9.5%
For 2022-23 (FY 23) = 7.7%
For 2023-24 (FY 24) = 6.0%
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