The economy minister, Shaktikanta Das, has given his prediction of India's GDP growth for the coming 2017 - 2018 fiscal year. He says that it will be upwards of 7% and there's not any reason to doubt him.
The Gross Domestic Product (GDP) in India expanded 1.80 percent in the third quarter of 2016 over the previous quarter. GDP Growth Rate in India averaged 1.67 percent from 1996 until 2016, reaching an all-time high of 5.80 percent in the second quarter of 2009.Here are stats related to some popular markets:
The only potential fly in the ointment any of us can see for India's economic growth is the effects of demonetization, and whatever they are they are now--it has happened, and it has gone. Macroeconomic conditions are such that the government is providing a modest boost to the economy with a smallish budget deficit. Inflation is not negligible, but it does appear under control. Much to most of the growth is domestic and not affected all that much by the global lassitude in growth.
In India, we will see a radical consolidation in the healthcare industry owing to several scenarios. Mega-corporations will have the advantage over mom-and-pop shows. I assume that apart from the government, three-four large players, some of them international giants, will dominate 80% of the market.
In 2017, India Conference will be celebrating our 14th anniversary. The conference will bring together business leaders, entertainment professionals, government officials, philanthropists, and many other leaders to engage in a conversation about India’s path to global leadership. Our 2016 conference had over 1000 attendees and was a resounding success.
Learn more from experts at India conference about Union budget measures, infrastructure, arts, technology growth, rural economy, new businesses, global synergies and demonetization. Refer to the agenda here and register.
News Livemint- http://www.livemint.com/Politics/H50PvO2qmDaapNgNN6KWZM/India-in-10-years-Healthcare-sector-will-see-radical-consol.html