“Overall, the forces are likely to balance out in calendar year 2024, giving us a comfortable growth rate in the range of 6.3 per cent to 6.6 per cent. The joker in the pack is geopolitics and conflict hotspots – the worsening or easing of the current conflicts will determine the landing bias of the growth rate to the lower or higher end, respectively,” opined Ranen Banerjee, Partner, Economic Advisory Services, PwC India.
