Profit

Q3 GDP very disappointing; investment scenario needs to improve: FICCI

PUBLISHED ON: February 29, 2012 | Duration: 5 min, 48 sec

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Rajiv Kumar, Secretary General of Federation of Indian Chambers of Commerce and Industry (FICCI) told NDTV Profit that the Q3 GDP growth figure of 6.1% is really disappointing, especially in terms of private sector investment. "We have been warning since a long time. I don't think we will get relief on that front very soon," he said adding that a 7.5% growth cannot happen next year unless investment improves.
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