India’s Ambitious Goals for Sustainable and Inclusive Growth
India’s plan for achieving extraordinary growth is based on an analysis of 837 publicly traded Indian companies between 2012 and 2022. The results showed that while most companies performed in line with national economic growth, one in every five companies were able to double their revenue every five years and quadruple it in ten years. This level of growth, which equated to a 15 percent annual compound growth rate, had the potential to act as a GDP growth catalyst.
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