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India's economy to grow above 6% this decade: Goldman Sachs

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Content Team
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Goldman Sachs's India economist, Santanu Sengupta, predicts that India's economic growth could surpass 6% for the remainder of the decade. The country will divert more investments from China and the long-term growth potential is likely "inching higher toward 6.5% or slightly higher." He also estimated a 6.3% growth rate for the upcoming fiscal year starting in April, which is lower than the Reserve Bank of India's (RBI) 7% projection.