FICCI downgrades India's GDP growth forecast to 7% for FY23
The downgrade is owing to continuing geopolitical uncertainty and its repercussions on India's economy, says FICCI survey.
The downgrade is owing to continuing geopolitical uncertainty and its repercussions on India's economy, says FICCI survey.
The survey reveals that 54.8% respondents reported higher production levels in Q1 (April-June 2022-23), with an average expectation of increase in production by over 10%.