New Delhi:
The World Bank has expressed confidence in the Indian economy and described it as a great place for investment. In the Advantage Assam 2.0 Business Summit held in Guwahati, World Bank’s Country Director Auguste Tano Koume said that there is no need to worry about India’s growth (India Economic Growth), but it is a big opportunity for investors.
World Bank trusts India’s capacity
Koume said that the World Bank is very excited about India and the same will remain the same. He insisted that even a percentage fall in the Economic Growth Rate cannot weaken India’s prospects.
“If someone is worried about recent figures, we would like to say don’t worry. India is a glowing star in the global economy. If you want to invest, come to India and invest.”- World Bank’s Country Director Auguste Tano Ko Koom
India is the best place for investment
The World Bank has shown a positive attitude before India’s growth and investment opportunities. Koume said that India’s growing economy includes it among the best investment places in the world. He advised foreign companies and startups to invest in India.
Economic growth will remain strong
Recently, the World Bank has said in its ‘Global Economic Prospects’ reports that India will remain the world’s fastest growing big economy for the next two years.
RBI expected to be 7.2% economic growth rate in FY 2024-25
The Reserve Bank of India (RBI) also estimated in December 2024 that India’s economic growth rate is expected to be 7.2% in FY 2024-25, which is slightly less than 8.2% in 2023-24. But the World Bank believes that this is a healthy growth rate and this will keep India’s economic strength.
Why invest in India?
- India will be the fastest developing economy in the world in the coming years.
- Campaigns like Digital India, Startup India and Make in India are opening new opportunities for foreign investors.
- The policies of the Government of India are favorable to promote investment.
The World Bank’s confidence in India shows that the Indian Economy is moving firmly. This is a golden opportunity for investors to invest in India and be a part of this growing economy.