Published on 30 Mar 2024 on Insider Monkey via Yahoo Finance
Top 20 Indian Entrepreneurs
In this article, we will talk about the top 20 Indian entrepreneurs. If you want to skip our detailed analysis, head straight to the Top 5 Indian Entrepreneurs.
India's Economic Outlook
India is one of the fastest growing economies in the world. According to Deloitte, India is expected to grow between 6.9% and 7.2% through fiscal year 2023/2024. The Asian giant is projected to grow between 6.4% and 6.7% in the fiscal year 2024/2025. High inflation is projected to persist till the second half of fiscal 2024, driven by high food and volatile oil prices. About 10 years ago, India’s economy was on a rollercoaster ride in 2013 when the inflation was around 10% and the foreign exchange reserves were around $292 billion. In addition, the country suffered from weak fundamentals and economic situations which led to the Indian rupee depreciating below 20% against the US dollar in 2013.