“We have taken the view that a new government will be able to undertake previously stalled reforms which can help in increasing economic growth,” Goldman Sachs Economists Tushar Poddar and Vishal Vaibhaw said.
According to Goldman Sachs, India's GDP growth is likely to increase from 4.6 % in FY14 to 6.5 % in FY16, driven by an improvement in investment demand and stronger exports.
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