India emerges as 'inspiring lighthouse of growth' amid global turbulence: ITC CMD Puri

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India emerges as 'inspiring lighthouse of growth' amid global turbulence: ITC CMD Puri - Economic Times

Quick Summary:

India's GDP growth exceeds 7%, marking it as a global 'lighthouse of growth' despite worldwide challenges, said ITC Chairman Sanjiv Puri.

Key drivers include rising consumption, favourable demographics, and technological advancements, positioning India for pivotal contributions to global GDP in the coming years.

Puri further said India's favourable demographics constitute one of its greatest strengths as more than a billion people, comprising nearly 70 per cent of the population, will be of working age by 2030.