We have long been in the camp and I particularly continue to believe this myself that we are going to have what we call a bumpy landing, not necessarily a hard landing, kind of a deep recession of the sort that the US usually has because there are a lot of things at play here that have been quite a bit different than a conventional cycle, not just the fiscal and the public debt, but also that obviously we are coming out of a pandemic, we are coming out of a wartime shock
Defence sector growth will be modest despite Budget boost: Manish Sonthalia
So, it is again going to be back ended in terms of how the growth picture looks like because FY25 is a given is a