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India to see quickest growth rebound in Asia in FY'22: UBS.
Jan 13, 2021

With number of active COVID-10 cases falling sharply, India's economy is expected to clock the fastest growth among Asian peers with higher than 11.5 per cent growth in FY'22, according to a report by UBS global research.
 
'The COVID situation in India has stabilized for now. We expect India's real GDP growth to rebound to +11.5% y-o-y in FY'22 (consensus +9.2% year-on-year or y-o-y)' said Tanvee Gupta Jain, Economist, UBS Securities India in the report.' While economic growth in FY'22 could be at a multi-decade high, this largely reflects the rebound from deeper contraction in FY' 21 GDP (-7.5% y-o-y).
    

The Economic Times

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