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    Indian economy heading towards V-shaped recovery in 2021

    WikiFX   |   2021/1/11 2:45:47
    Abstract：India's economy is showing decisive signs of a 'V-shaped' recovery in 2021 with the return of consumer confidence, robust financial markets, an uptick in manufacturing and exporters braving it out in the global market with never-say-die spirit.

    　　India's economy is showing decisive signs of a 'V-shaped' recovery in 2021 with the return of consumer confidence, robust financial markets, an uptick in manufacturing and exporters braving it out in the global market with never-say-die spirit.

    　　The high-frequency data is a strong pointer to a V-shaped recovery in 2021 with the seeds bursting into green shoots over the last two months of 2020 itself.

    　　India's GDP is estimated to contract by a record 7.7 per cent.

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