BMI Research News
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The Indian economy is expected to grow at 7.2 per cent in 2016-17, a tad lower than Central Statistics Office's advance estimates of 7.6 per cent in the current fiscal due to weak investments and external headwinds, says BMI Research.
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Coal will remain the dominant fuel for India's power sector over 10-year forecast period to 2025 despite growth in alternative sources, including renewables, BMI Research, Fitch Group company, has said.
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Indian F&B firms are going to get a larger platter in business as 72.5 million households will enter USD 5,000-10,000 income bracket over the next 5 years.
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