- India’s economy grew by 8% in the last financial year
- Standard & Poor’s rates India as investment grade BBB- and stable
- Negative perceptions about the Indian economy could damage investment
- The theme of the 42nd World Economic Forum Annual Meeting is The Great Transformation: Shaping New Models.
Davos-Klosters, Switzerland, 28 January 2012 – “The macroeconomics of India are fundamentally strong. Those who have these alarm bells ringing should look inwards,” said Anand Sharma, Minister of Commerce and Industry, Textiles of India. Speaking today at the 42nd World Economic Forum Annual Meeting, Sharma vigorously defended the reforms made by his government and the economic prospects of India. “India can take care of itself, I can assure you,” he said.
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