Indian Economy Watch: Indian economy to grow 7.5 percent annually, says PM

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Wednesday, December 22, 2004

Indian economy to grow 7.5 percent annually, says PM

Prime Minister Manmohan Singh said India's economy would grow by 7.5 percent annually over the next decade and could be one of the world's biggest economies in the next generation.

The economy grew by 8.2 percent in fiscal year to March 2004, the fastest rate in over a decade.