GDP in positive trajectory a promising sign: India Inc
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Last Updated: Feb 26, 2021, 10:23 PM IST
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Industry bodies expressed confidence that the GDP will improve further in the coming months on the back of positive growth stimuli emanating from the Union Budget and initiatives like the Production Linked Incentive scheme unveiled by the government.
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India Inc on Friday said the recouping of the country s economy to a positive trajectory in the third quarter is a promising sign as it portends the end of the pandemic-induced recessionary phase seen in the first-half of the fiscal year. Industry bodies expressed confidence that the GDP will improve further in the coming months on the back of positive growth stimuli emanating from the Union Budget and initiatives like the Production Linked Incentive scheme unveiled by the government.
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The COVID-19 outbreak made a major impact on the Indian healthcare sector but the ecosystem fought back with innovations. While the pandemic helped in realising the gaps in healthcare, it also gave the opportunity to come up with new solutions.
Speaking at the sixth edition of ‘India Pharma & India Medical Device 2021,’ Cabinet Minister Piyush Goyal said that India has positioned itself as the go-to destination for healthcare majors.
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