Worst in economy is over: Adi Godrej

Worst in economy is over: Adi Godrej
Stating that the worst in the economy is over, Godrej Industries chairman Adi Godrej said India's economic growth will improve next year, and investors will reap benefits in 3-5 years. "The worst is behind us. I think India's GDP growth will improve in the coming year," he said at an event.

India's economic growth fell to decade's low of 5 per cent in 2012-13 fiscal. In the first three months of 2013-14, growth was four year low of 4.4 per cent.

Godrej also said this is good time to invest in India. "This is great time for FIIs. Those who invest now will reap benefit in 3-5 years," he said.

Dion Global Solutions Ltd.

Read more about: adi godrej, economy, gdp, investments, fii
Story first published: Tuesday, November 19, 2013, 9:11 [IST]
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