- Indian billionaire investor Rakesh Jhunjhunwala says he is very bullish about the country’s medium-to-long-term growth prospects.
- Jhunjhunwala, who is commonly referred to as India’s Warren Buffett, says the economic situation has begun to improve following five years of a banking crisis, subpar capital expenditure and the introduction of important reforms.
- The investor says he sees India’s growth reach around 8% to 9% in the near future and then jump into double-digit figures in the longer term.
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