India Inc must only cheer growth, not question itThis photo, dated Aug 21, 2023, shows customers buying fruit and vegetables at an open-air evening market in Ahmedabad, India. (Photo: Reuters)Large parts of corporate India aren't exactly feeling the economy's world-beating growth performance. Mr Syngle has referred to GDP often enough in the past, as a guidepost to business. But this time, the opposition Congress Party used his statement to poke a hole in the government's claim that India is the world's fifth-largest economy. Those who make pricing decisions and deploy capital aren't all taken in by the rhetoric -- but by now, most executives like Mr Syngle know better than to air their concerns in public.

Source: Bangkok Post May 22, 2024 10:26 UTC