According to Goldman Sachs, what factors contribute to India being a favorable destination for investments?
• According to Goldman Sachs Group Inc.’s India’s economic growth may exceed 6 per cent for the rest of the decade, driving more investments from China into the South Asian country. • India’s demographics, strong government-led spending and healthy domestic demand makes it a “favorable destination for investments going forward,. • India’s central bank governor last month estimated the nation’s potential growth rate was around 7 per cent. • Goldman Sachs expects the private sector in India to accelerate investments after nationwide elections.
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