In 2024, the upcoming festival of Diwali, celebrated by the Indian diaspora around the world, is expected to see a total domestic spending of INR 1.8 trillion (USD 21.18 billion) by urban Indians alone. The size of the whole Diwali market in India is about 2.5 times that figure.
Tag: India Growth Rate
India to grow at 6.7% and remain the fastest growing major economy, says World Bank
The World Bank has come out with a forecast for the Indian economy. According to the global organisation, the country is expected to grow at 6.7 percent in 2024-25, or FY25. This comes a week after the end of the Lok Sabha (general) election. The newly elected government has indicated towards retaining its overall policy […]
