Singh urges optimism from Indian business

Credit: Financial Times
Published on February 1, 2019 - Duration: 00:42s

Singh urges optimism from Indian business

Indian prime minister Manmohan Singh told Indian industry leaders to prove "the prophets of gloom as wrong".

At the Confederation of Indian Industry he defended the country's long-term growth potential despite the current slowdown.

The Indian economy expanded just 4.5 per cent in the final quarter of 2012, having approached double-digit growth rates before the global financial crisis.

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