India’s growth could rise to 6.25-6.75% by 2030 owing to supply chain shifts and reforms: UBS
“Growth could rise to 6.25-6.75% YoY by 2030 under an optimistic scenario and 6.75-7.25% YoY under a blue-sky scenario, leading to job creation,” Tanvi Gupta Jain, chief India economist, UBS, noted. It pointed out that Vietnam and India were key contenders, given their advantage in low-cost manufacturing, scale and infrastructure.
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