India can double GDP every 8-9 years: S&P's Paul Gruenwald

“India is one of the high growth stories right now. You guys have put in a raft of structural reforms — digitisation, bankruptcy law, GST and trend growth is about 7.5% right now which means you can double GDP every eight or nine years. It has been a good couple of years on the structural reforms front and India has moved to near the front of the pack in Asia as of right now,” S&P Global Ratings’ Chief Economist Paul Gruenwald told ET Now. Listen-in.


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