Indian economy will average 6.7% growth between FY24 and FY31, S&P said in a report. India will also double the size of the economy to $6.7 trillion within the next eight years. It forecasted India’s per capita GDP to increase to $4,500 by FY31. It further pointed that geopolitics can provide potential tailwinds for India’s growth efforts.
The IPO is entirely a fresh equity issue of Rs 2,800 crore. This is the first IPO from a JSW Group company in 13 years