HSBC forecasts 6.9% growth on reform push

On 08NOV12, HSBC India and Asean chief economist Leif Eskesen told reporters in Mumbai that he believed India’s growth to reach 6.9% in the next fiscal year due to the latest reforms. Eskesen went on to say that he saw reforms and additional infrastructure projects as a way to improve the investment climate. He also added that the stabilisation in global factors will also help growth.

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